Biome Technologies PLC

2010

Trading Statement for Nine Months to 30 September Friday, 5th November 2010

Biome Technologies plc issued a trading update on 5th November for the nine months ended 30 September 2010.  This highlighted growth of 42% in Biome Bioplastics in the first three quarters of the year compared with the same period in 2009.

The update also identifies Group revenue to 30 September up 27% on a like-for-like basis.  To read more about our progress click here.

Biome Technologies recognised in Deloitte Technology Fast50 Awards Monday, 25th October 2010

Biome Technologies is pleased to announce that this week it was recognised as one of the UK’s fastest growing technology companies in the Deloitte Technology Fast50 listing.

Biome Technologies, with its fast developing bioplastics business, has been ranked 2nd in the “GreenTech” listings and 23rd in the overall Fast50 with a growth rate of 1132%.

Deloitte, the business advisory firm, announced its independent ranking of the UK’s fastest growing technology companies on 25 October. The UK Deloitte Technology Fast 50 initiative ranks UK high growth technology companies based on percentage growth in stated revenue over five years.

Paul Mines, CEO of Biome Technologies said:

“We are delighted our track record has been recognised.  Biome Technologies is a growth oriented, commercially driven green technology group and it has been the hard work and progress achieved by our team in the UK, USA and Germany that has secured this performance.  The bioplastic market is experiencing great growth around the world and we are pleased to be the leading UK company driving this sector forward.”

To find out more about Biome Technologies please visit www.biometechnologiesplc.com           

To find out more about the Deloitte Technology Fast50 visit www.fast50.co.uk

Biome Technologies appoints new Non Executive Director Wednesday, 6th October 2010

Biome Technologies announces the appointment of Michael Kayser as a Non-Executive Director with effect from 6 October 2010.  Michael will chair the Group’s Audit and Remuneration Committees. His high quality experience will complement the Board  and help to continue and develop Biome Technologies growth path.

Michael has extensive experience in both the chemicals sector and in senior management positions in companies with international operations. This experience includes being Group Finance Director at Laporte PLC for five years and Finance Director of Guinness Brewing Worldwide. He is currently Non-Executive Director of Stobart Group plc.

Biome Technologies publishes H1 2010 results Monday, 30th August 2010

The full results pack for the period January to June 2010 can now be downloaded here.

Biome Technologies shares start trading on AIM Monday, 12th July 2010

Biome Technologies is joining AIM, the London Stock Exchange’s international market for smaller growing companies. Biome Technologies joins a wide range of businesses including early stage, venture capital backed as well as more established companies on this market.

Biome Technologies plc is a growth oriented, commercially driven technology Group. The Group's primary activity is the development of its fast growing bioplastics business. It is a leading innovator and supplier of biodegradable natural polymers that replace and enhance products made from oil based materials.

The Group's strategy is founded on building market leading positions based on patented technology, serving international customers in valuable market sectors.

The Group recently competed a fundraising in which it secured its full equity target of £3.5m to fund the ongoing, rapidly developing business.

Statement re Directors Bonuses Monday, 28th June 2010

The Remuneration Committee has been informed by Paul Mines, CEO and Sue Bygrave, Finance Director that they wished to waiver their bonuses for 2009.
This follows the recent announcement that in support of Stanelco’s growth strategy, the Directors will reduce their remuneration packages by approximately 30 per cent.
John Standen, Chairman of Stanelco said:
“Paul and Sue informed us that they wished to not be awarded bonuses this year. The Remuneration Committee support this decision and are grateful for Paul and Sue’s efforts on driving the growth of the business.”

Stanelco AGM Monday, 21st June 2010

Stanelco's AGM was held today at Plaisterers' Hall in London. The board gave a presentation to all those attending.
To see the full presentation click here.

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