Issue of Equity

RNS Number : 5205H

Biome Technologies PLC

20 June 2013

 



20 June 2013

 

Biome Technologies plc

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

Issue of 213,667 ordinary shares of £0.001 each

Further to the Company's announcement on 23 May 2013 regarding the proposed Capital Reduction, Consolidation and Sub-Division of Biome's Existing Ordinary Shares and the Circular sent to shareholders in that regard, the Company today announces the issue of a further 213,667 Ordinary Shares (representing 0.004% of the Company's current issued share capital).

These Ordinary Shares are being issued to enable the proposed Consolidation and Sub-division to occur on the basis set out in the Circular.

Pursuant to this announcement, application will be made for the further Ordinary Shares issued to be admitted to trading on AIM. Dealings are expected to commence on 26 June 2013.

Following admission, the Company's issued ordinary share capital will consist of 5,897,880,000 Ordinary Shares. The Ordinary Shares issued will rank pari passu in all respects with the Ordinary Shares of the Company currently traded on AIM.

The total of 5,897,880,000 Ordinary Shares may therefore be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Capitalised terms, unless otherwise defined in this announcement, have the meaning given to them in the Circular published on 23 May 2013.

-Ends-

For further information please contact:

Biome Technologies plc
Paul Mines, Chief Executive Officer
www.biometechnologiesplc.com	Tel: [phone]
Daniel Stewart & Company plc
David Hart/James Thomas
www.danielstewart.co.uk	Tel: [phone]
First Columbus
Chris Crawford/Kelly Gardiner
www.first-columbus.com	Tel: [phone]
FTI Consulting
Oliver Winters/Latika Shah	Tel: [phone]

 

END

 

 

IOESELFDSFDSEDM