Proposed Fundraise of £1.1m and General Meeting


Biome proposes to raise gross proceeds of £1.1 million via the Fundraise to accelerate Biome Bioplastics’ growth and development

Market drivers in favour of bioplastics include the continued focus by leading brands as well as the public on environmental issues caused by non-biodegradable oil-based plastics and the need for alternatives

Undertaking the Financing now will enable the Company to capture and support the momentum of the Bioplastics division

The full announcement can be found here