RNS Number : 3407G
Bion PLC
23 July 2021
 

23 July 2021

 

BiON plc

("BiON" or "the Company")

 

Malpom Update

 

BiON (AIM: BION), an environmental engineering, wastewater treatment and renewable energy solutions company, gives notice that, on 22 July 2021, a fire occurred at the neighbouring palm oil mill to the Company's biogas power plant located in Malpom, Penang. The Company's plant has not been damaged, but the significant impact of the fire on the mill will prevent it from providing the Company's plant with the required feedstock to enable power generation. Consequently, the Company has been required to shut down operations at the plant until further notice.

 

The Company will provide a further update as appropriate in due course.    

 

 

Enquiries:

 

BiON plc

 

Datuk Syed Nazim bin Syed Faisal, CEO 

Fakrizzaki Ghazali, CFO

+603 6413 1085

Elle Sia, UK Country Manager

www.bionplc.com

+44 20 3633 0891

 

 

Beaumont Cornish Limited (Nominated Adviser)

 

Roland Cornish, Felicity Geidt    

+44 20 7628 3396

 

 

VSA Capital Limited (Joint Broker)

 

Andrew Raca, Maciek Szymanski, Vivian Papasotiriou (Corporate Finance)

+44 20 3005 5000

Andrew Monk (Corporate Broking)

 

 

 

Optiva Securities Limited (Joint Broker)

 

Vishal Balasingham

+44 20 3137 1903

 

 

Luther Pendragon (Financial PR Adviser)

 

Claire Norbury

+44 20 7618 9100

 

                                                                               

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDUOSORAWUBUAR