BIOM Biome Technologies Plc

25 October 2024

Biome Technologies plc

("Biome", the "Group" or the "Company")

Appointment of Non-Executive Director

Biome Technologies plc, a leading bioplastics and radio frequency technology business, is pleased to announce that Mr Brian Samuel Geary has been appointed as a Non-Executive Director of the Company with immediate effect. Mr Geary has been an investor in Biome since 2016 and currently holds 27.72 per cent. of the Company's equity share capital.

An electrical engineer by degree with a corporate career in senior roles in a variety of engineering and control companies, he now splits his time between running the Antrim Hills Spring Water Company and managing an investment portfolio with an emphasis on small quoted businesses. He is also a non-executive director of Creightons plc (LSE: CRL).

John Standen, Chairman of Biome, commented: 

"I'd like to welcome Brian to our Board. Brian brings excellent experience as a businessman, having been involved with many companies in a variety of sectors during his career. He first invested in Biome some eight years ago and has recently become a substantial shareholder holding c.28% of Biome's ordinary shares."

Regulatory Disclosures

In accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies, Brian Samuel Geary, aged 58, is, or has been during the last five years, a director or partner of the following companies/partnerships:

Mr Geary holds 14,293,404 Ordinary Shares in the Company, which represents 27.72 per cent of the voting rights in the Company.

-Ends-

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 value-added pricing can be justified and which 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 ("Bioplastic") and Stanelco RF Technologies Limited ("RF Technologies").

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