TIDMBIOM
RNS Number : 0197V
Biome Technologies PLC
09 April 2021
9 April 2021
Biome Technologies plc
("Biome", the "Group" or the "Company")
PDMR Shareholding
Transaction in own shares
Biome Technologies plc, a leading bioplastics and radio
frequency technology business, announces that, on 9 April 2021,
2,187 ordinary shares of 5p each in the Company ("Ordinary Shares")
were transferred out of treasury to Sally Morley, the Managing
Director of Biome Bioplastics, who is a person discharging
managerial responsibilities. This transfer occurred at a deemed
price of 360p per Ordinary Share, being the closing mid-market
price on 8 April 2021, and has taken place as part payment of a
bonus in recognition of the successful growth of Biome Bioplastics
in 2020. Sally Morley has agreed with the Company not to sell these
Ordinary Shares for a period of one year.
The FCA notification regarding transactions by persons
discharging managerial responsibilities made in accordance with the
requirements of the EU Market Abuse Regulation which forms part of
Domestic UK Law pursuant to the European Union (Withdrawal) Act
2018, is appended below. In accordance with Article 5(1)(b) of the
EU Market Abuse Regulation, the schedule below contains detailed
information about the disposals of Ordinary Shares made by the
Company.
Following these transactions, the total number of Ordinary
Shares held as treasury shares by the Company is 16,710 Ordinary
Shares. The total number of Ordinary Shares in issue is 3,753,907
(including Ordinary Shares held as treasury shares). Therefore, the
total number of voting rights in the Company is 3,737,197, which
may be used by shareholders as the denominator for the calculations
by which they can determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules sourcebook.
Schedule of detailed information regarding the disposals of
Ordinary Shares made by the Company.
Schedule of Disposals
Shares disposed Biome Technologies plc (ISIN: GB00B9Z1M820)
of:
Date of disposals: 9 April 2021
Investment firm: N/A
Aggregate information:
Venue Volume-weighted Aggregated volume
average price,
pence
Outside a trading
venue 360 p 2,187
Individual transactions:
Number of Ordinary Transaction Time of transaction Trading venue
Shares disposed price
of (pence per
Ordinary Share)
Outside a trading
2,187 360 p 10:12 venue
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the person discharging managerial responsibilities
/ person closely associated
-----------------------------------------------------------------------------
a) Name Sally Morley
------------------------------- --------------------------------------------
2. Reason for the Notification
-----------------------------------------------------------------------------
a) Position/status PDMR - Managing Director of Biome
Bioplastics Limited
------------------------------- --------------------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------- --------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Biome Technologies plc
------------------------------- --------------------------------------------
b) LEI 213800B9QI14B12TAO51
------------------------------- --------------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------------
a) Description of the Ordinary shares of 5p in Biome Technologies
Financial instrument, plc. Identification code (ISIN) for
type of instrument Biome Technologies plc ordinary shares:
GB00B9Z1M820
Identification code
------------------------------- --------------------------------------------
b) Nature of the transaction Bonus satisfied by receipt of ordinary
shares
------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
360
p 2,187
----------
------------------------------- --------------------------------------------
d) Aggregated information:
--Aggregated volume N/A
--Price
------------------------------- --------------------------------------------
e) Date of the transaction 9 April 2021
------------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- --------------------------------------------
-Ends-
For further information please contact: Biome Technologies
plc
Paul Mines, Chief Executive Officer
Rob Smith, Chief Financial Officer
info@biometechnologiesplc.co.uk
Tel: +44 (0) 2380 867 100
www.biometechnologiesplc.com
Allenby Capital
David Hart/Alex Brearley (Nominated Adviser)
Kelly Gardiner (Sales and Corporate Broking)
Tel: +44 (0) 20 3328 5656
www.allenbycapital.com
About Biome
Biome Technologies plc is an AIM listed, growth-orientated,
commercially driven technology group. Our strategy is founded on
building market-leading positions based on patented technology and
serving international customers in valuable market sectors. We have
chosen to do this by developing products in application areas where
the value-added pricing can be justified and are not reliant on
government legislation. These products are driven by customer
requirements and are compatible with existing manufacturing
processes. They are market rather than technology-led.
The Group comprises two divisions, Biome Bioplastics Limited and
Stanelco RF Technologies Limited.
Biome Bioplastics is a leading developer of highly-functional,
bio-based and biodegradable plastics. The company's mission is to
produce bioplastics that challenge the dominance of oil-based
polymers.
Stanelco RF Technologies designs, builds and services advanced
radio frequency (RF) systems. Dielectric and induction heating
products are at the core of a product offering that ranges from
portable sealing devices to large furnaces for the fibre optics
markets.
www.biometechnologiesplc.com
www.biomebioplastics.com and www.thinkbioplastic.com
www.stanelcorftechnologies.com
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END
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April 09, 2021 08:40 ET (12:40 GMT)
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