Transfer of Convertible Loan Notes

RNS Number : 2789M

Byotrol PLC

12 October 2016

 

12 October 2016

Byotrol plc

("Byotrol" or the "Company")

Transfer of Convertible Loan Notes within Company Directorship

Further to the announcements of 09 September 2016 and 30 September 2016 regarding the amendment to the terms of the Company's Convertible Loan Notes (the "Loan Notes"), Byotrol has been informed of a transfer of ownership of a portion of those Loan Notes between the Company's senior management team, as further detailed in the table below

Name	Loan Note ownership pre transfer	Loan Notes ownership post transfer	Number of Ordinary Shares to be issued if Loan Notes are converted	Existing number of Ordinary Shares held	Percentage  holding following conversion of the Loan Notes
David Traynor	£50,000	£0	0	4,850,514	1.81%
Till Medinger	£30,000	£40,000	1,070,932	1,164,367	0.83%
Trevor Francis	£0	£40,000	1,070,932	1,110,359	0.81%
Nicholas Martel	£50,000	£50,000*	1,338,665	18,627,362**	7.45%

* non-beneficial holding

** includes a non-beneficial interest in 16,527,362 Ordinary Shares

Based on the issue size of £380,000, the Loan Notes would, if converted, represent approximately 10,173,854 Ordinary Shares, amounting to 3.79 per cent. of the current issued share capital of the Company.

Enquiries:

Byotrol plc	01925 742 000
David Traynor - Chief Executive
finnCap Ltd	020 7220 0500
(Nominated Adviser & Broker)
Geoff Nash/Carl Holmes/James Thompson - Corporate Finance
Mia Gardner - Corporate Broking

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Notes to Editors:

Byotrol plc (BYOT.L), quoted on AIM, is a specialist in developing, formulating and commercialising cutting-edge antimicrobial technologies.

Our patented suite of technologies delivers powerful broad-spectrum efficacy with residual performance optimised against commonly occurring and industry-specific pathogens

Founded in 2005, the Company has developed the technology that creates easier, safer and cleaner lives.

For more information, please go to www.byotrol.co.uk

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Traynor
2.	Reason for the Notification
a)	Position/status	CEO
b)	Initial notification/Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Byotrol Plc
b)	LEI	N/A
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 Financial instrument, type of instrument	Convertible Loan Note
	Identification code	GB00B0999995
b)	Nature of the transaction	Sale of Convertible Loan Note
c)	Price(s) and volume(s)	£50,000 Convertible Loan Notes sold at value
d)	Aggregated information: ·      Aggregated volume ·      Price	£50,000 Convertible Loan Notes sold at value
e)	Date of the transaction	11 October 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

5.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Till Medinger
6.	Reason for the Notification
a)	Position/status	Non-Executive Director
b)	Initial notification/Amendment	Initial
7.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Byotrol Plc
b)	LEI	N/A
8.	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 Financial instrument, type of instrument	Convertible Loan Note
	Identification code	GB00B0999995
b)	Nature of the transaction	Purchase of Convertible Loan Note
c)	Price(s) and volume(s)	£10,000 Convertible Loan Note purchased at value
d)	Aggregated information: ·      Aggregated volume ·      Price	£10,000 Convertible Loan Note purchased at value
e)	Date of the transaction	11 October 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

9.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Trevor Francis
10.	Reason for the Notification
a)	Position/status	Chief Technology Officer
b)	Initial notification/Amendment	Initial
11.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Byotrol Plc
b)	LEI	N/A
12.	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 Financial instrument, type of instrument	Convertible Loan Note
	Identification code	GB00B0999995
b)	Nature of the transaction	Purchase of Convertible Loan Note
c)	Price(s) and volume(s)	£40,000 Convertible Loan Note purchased at value
d)	Aggregated information: ·      Aggregated volume ·      Price	£40,000 Convertible Loan Note purchased at value
e)	Date of the transaction	11 October 2016
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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