Director/PDMR Shareholding

RNS Number : 1659G

Biome Technologies PLC

09 May 2011

 



9 May 2011

For immediate release                                                                    

Biome Technologies plc

 ("Biome" or "the Company")

Director/PDMR Shareholding

Biome was notified on 6 May 2011 of the following purchases by directors.

John F Standen, non-executive Chairman, purchased 1,463,118 ordinary shares at 0.24 pence per share on 6 May 2011. Following this transaction, John Standen's total shareholding in Biome is 25,708,168 ordinary shares, representing 0.44% of the ordinary issued share capital of the Company.

Paul Mines, Chief Executive, purchased 1,105,583 ordinary shares at 0.24 pence per share on 6 May 2011. Following this transaction, Paul Mines' total shareholding in Biome is 50,403,192 ordinary shares, representing 0.86% of the ordinary issued share capital of the Company. In addition, Paul Mines has unexercised options over 144,372,636 ordinary shares in aggregate. Paul Mines also has an interest in the Company's shares through his participation in the Company's Public Equity Plan (further information is set out in the Company's Annual Report and Financial Statements).

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For further information please contact:

Biome Technologies plc                                           

Paul Mines, Chief Executive Officer

Sue Bygrave, Group Finance Director

www.biometechnologiesplc.com                                           Tel: [phone]

Daniel Stewart & Company plc                                 

Oliver Rigby (Nomad)

Martin Lampshire (Broker)

www.danielstewart.co.uk                                                        Tel: [phone]

First Columbus

John Nuttall/Chris Crawford/Kelly Gardiner               

www.first-columbus.com                                                       Tel: [phone]

Financial Dynamics                                                   

Oliver Winters                                                                         Tel: [phone]

Notes to Editors

Admitted to AIM in July 2010, the activities of Biome operate in two divisions; Bioplastics and Stanelco RF Technologies. Both divisions are underpinned by the Group's skills in the commercialisation and development of innovative technology.

The Group's core strategy is to develop and broaden its bioplastics business organically and is engaged with a variety of large-scale international customers and partners on a number of key commercial and development partnerships.   These target applications in the food, horticulture and the electronics markets, amongst others, further enhance the Group's existing and new product development.

 

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