Notification of Award under the Public Equity Plan

RNS Number : 7689A

Biome Technologies PLC

04 April 2012

 



04 April 2012

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

Notification of Award under the Public Equity Plan

The Company announces the following dealing by a director in respect of the Company's ordinary shares of 0.1p each.

On 3 April 2012, the Company granted the following award under the Biome Technologies plc Public Equity Plan (the "PEP") approved by shareholders on 14 June 2010.

Name of Individual	Number of PEP points under award
Declan Brown (Director)	100,000

The award will vest on 3 October 2014 (or 3 October 2013, if the Company's Remuneration Committee sees fit) to the extent that a performance condition relating to the Company's total shareholder return ("TSR") is satisfied and providing a financial underpin is met.  

Details of the Company's PEP scheme can be found in the Annual Report and Financial Statements.

- Ends -

For further information please contact:

Biome Technologies plc                                    

Paul Mines, Chief Executive Officer

Declan Brown, Group Finance Director

www.biometechnologiesplc.com                                                Tel: [phone]

Daniel Stewart & Company plc                           

David Hart

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

 

 

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