Source - RNS
RNS Number : 2789M
Byotrol PLC
12 October 2016
 

 

12 October 2016

 

Byotrol plc

 

("Byotrol" or the "Company")

 

Transfer of Convertible Loan Notes within Company Directorship

 

Further to the announcements of 09 September 2016 and 30 September 2016 regarding the amendment to the terms of the Company's Convertible Loan Notes (the "Loan Notes"), Byotrol has been informed of a transfer of ownership of a portion of those Loan Notes between the Company's senior management team, as further detailed in the table below

Name

Loan Note ownership pre transfer

Loan Notes ownership post transfer

Number of Ordinary Shares to be issued if Loan Notes are converted

Existing number of Ordinary Shares held

Percentage  holding following conversion of the Loan Notes

David Traynor

 £50,000

 £0

 0

 4,850,514

 1.81%

Till Medinger

 £30,000

 £40,000

 1,070,932

 1,164,367

 0.83%

Trevor Francis

 £0

 £40,000

 1,070,932

 1,110,359

 0.81%

Nicholas Martel

 £50,000

 £50,000*

 1,338,665

 18,627,362**

 7.45%

 

* non-beneficial holding

** includes a non-beneficial interest in 16,527,362 Ordinary Shares

 

Based on the issue size of £380,000, the Loan Notes would, if converted, represent approximately 10,173,854 Ordinary Shares, amounting to 3.79 per cent. of the current issued share capital of the Company.

Enquiries:

Byotrol plc

01925 742 000

David Traynor - Chief Executive

 


 

finnCap Ltd

 

020 7220 0500

(Nominated Adviser & Broker)


Geoff Nash/Carl Holmes/James Thompson - Corporate Finance


Mia Gardner - Corporate Broking




The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

Notes to Editors:

 

Byotrol plc (BYOT.L), quoted on AIM, is a specialist in developing, formulating and commercialising cutting-edge antimicrobial technologies.

Our patented suite of technologies delivers powerful broad-spectrum efficacy with residual performance optimised against commonly occurring and industry-specific pathogens

 

Founded in 2005, the Company has developed the technology that creates easier, safer and cleaner lives.

For more information, please go to www.byotrol.co.uk

 

1.           

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Traynor

2.           

Reason for the Notification

a)

Position/status

CEO

b)

Initial notification/Amendment

Initial

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Byotrol Plc

b)

LEI

N/A

4.  

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Convertible Loan Note

Identification code

GB00B0999995

b)

Nature of the transaction

Sale of Convertible Loan Note

c)

Price(s) and volume(s)

£50,000 Convertible Loan Notes sold at value

d)

Aggregated information:

·      Aggregated volume

·      Price

£50,000 Convertible Loan Notes sold at value

e)

Date of the transaction

11 October 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

5.           

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Till Medinger

6.           

Reason for the Notification

a)

Position/status

Non-Executive Director

b)

Initial notification/Amendment

Initial

7.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Byotrol Plc

b)

LEI

N/A

8.  

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Convertible Loan Note

Identification code

GB00B0999995

b)

Nature of the transaction

Purchase of Convertible Loan Note

c)

Price(s) and volume(s)

£10,000 Convertible Loan Note purchased at value

d)

Aggregated information:

·      Aggregated volume

·      Price

£10,000 Convertible Loan Note purchased at value

e)

Date of the transaction

11 October 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

9.           

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Trevor Francis

10.           

Reason for the Notification

a)

Position/status

Chief Technology Officer

b)

Initial notification/Amendment

Initial

11. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Byotrol Plc

b)

LEI

N/A

12. 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Convertible Loan Note

Identification code

GB00B0999995

b)

Nature of the transaction

Purchase of Convertible Loan Note

c)

Price(s) and volume(s)

£40,000 Convertible Loan Note purchased at value

d)

Aggregated information:

·      Aggregated volume

·      Price

£40,000 Convertible Loan Note purchased at value

e)

Date of the transaction

11 October 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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