25 May 2023
Biome Technologies plc
("Biome", the "Company" or the "Group")
Result of AGM
At the Company's Annual General Meeting held on 25 May 2023, all of the resolutions were passed.
For information, the proxy votes received prior to the meeting were as follows:
| No. | Resolution | For* | Against | Withheld** |
| 1 | To receive the annual report and financial statements for the year ended 31 December 2022. | 1,438,911 | 2,426 | 2,700 |
| 2 | To re-elect Robert St John Smith as executive director. | 1,437,506 | 3,531 | 3,000 |
| 3 | To re-appoint Evelyn Partners LLP as auditors of the Company. | 1,434,638 | 3,354 | 6,045 |
| 4 | To authorise the Directors to determine the remuneration of the auditors. | 1,437,856 | 3,531 | 2,650 |
| 5 | To authorise the Directors to allot relevant securities. | 656,249 | 255,205 | 532,583 |
| 6 | To enable the directors to allot shares for cash for pre-emptive issues. | 1,178,097 | 265,440 | 500 |
| 7 | To authorise the company to purchase its own shares. | 1,191,404 | 252,133 | 500 |
* Includes those votes giving the Chairman discretion
** A vote "withheld" is not a vote in law and is not counted towards the votes cast "for" or "against" a resolution.
Whilst Resolution 5 was passed with a clear majority, the Board notes the voting in relation to this resolution. The Board has considered this and does not believe that any actions are required to understand the reasons behind this voting result or otherwise.
-Ends-
|
For further information please contact: | |
| Biome Technologies plc Paul Mines, Chief Executive Officer | |
| Rob Smith, Chief Financial Officer | |
| www.biometechnologiesplc.com | Tel: +44 (0) 2380 867 100 |
|
Allenby Capital | |
| David Hart/Alex Brearley (Nominated Adviser) Kelly Gardiner (Sales and Corporate Broking) | |
| www.allenbycapital.com | Tel: +44 (0) 20 3328 5656 |
About Biome
Biome Technologies plc is an AIM listed, growth-orientated, commercially driven technology group. Our strategy is founded on building market-leading positions based on patented technology and serving international customers in valuable market sectors. We have chosen to do this by developing products in application areas where the value-added pricing can be justified and are not reliant on government legislation. These products are driven by customer requirements and are compatible with existing manufacturing processes. They are market rather than technology-led.
The Group comprises two divisions, Biome Bioplastics Limited ("Bioplastic") and Stanelco RF Technologies Limited ("RF Technologies").
Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company's mission is to produce bioplastics that challenge the dominance of oil- based polymers.
Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems. Dielectric and induction heating products are at the core of a product offering that ranges from portable sealing devices to large furnaces for the fibre optics markets.
www.biometechnologiesplc.com www.biomebioplastics.com and www.thinkbioplastic.com www.stanelcorftechnologies.com
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