Result of General Meeting

RNS Number : 7353P

Byotrol PLC

04 September 2017

 

4 September 2017

Byotrol plc

Result of General Meeting

Further to Byotrol's announcement of 3 August 2017, the Company is pleased to announce today the passing of the Resolutions at the General Meeting held earlier today. The Placing, Subscription and Open Offer remain conditional on Admission of the New Ordinary Shares to AIM which is expected to take place at 8.00 a.m. tomorrow.

With effect from Admission the Company will have 402,836,491 Ordinary Shares in issue, with no shares held in treasury. Shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.

Following conversion of Convertible Loan Notes, as announced on 29 August 2017, and Admission, the revised shareholdings of Directors of the Company are as follows:

Director	Previous Shareholding	Revised Shareholding	Revised Shareholding %
David Traynor	4,850,514	4,850,514	1.20%
Till Medinger	1,164,367	2,307,224	0.57%
Trevor Francis	1,110,359	2,253,216	0.56%
John Langlands	1,100,000	4,100,000	1.02%

Capitalised terms not otherwise defined in the text of this announcement have the meanings given to them in the Company's circular dated 3 August 2017.

Contacts:

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

Accordingly, the Company makes the following announcement and notification in accordance with the EU Market Abuse Regulation (No 596/2014):

1.	Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')
a)	Name	John Langlands
2.	Reason for notification
b)	Position / status	Non-Executive Chairman
c)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	Name	Byotrol plc
c)	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 Identification code	ordinary shares of 0.25p each GB00B0999995
b)	Nature of the transaction	Acquisition of shares pursuant to the Placing and Open Offer
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.040 3,000,000
d)	Aggregated information Aggregated volume Price	n/a
e)	Date of the transaction	5 September 2017
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')
a)	Name	Till Medinger
2.	Reason for notification
b)	Position / status	Non-Executive Director
c)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	Name	Byotrol plc
c)	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 Identification code	ordinary shares of 0.25p each GB00B0999995
b)	Nature of the transaction	Issue of share pursuant to convertible loan note
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.035 1,142,857
d)	Aggregated information Aggregated volume Price	n/a
e)	Date of the transaction	29 August 2017
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')
a)	Name	Trevor Francis
2.	Reason for notification
b)	Position / status	Executive Director
c)	Initial notification / amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	Name	Byotrol plc
c)	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 Identification code	ordinary shares of 0.25p each GB00B0999995
b)	Nature of the transaction	Issue of share pursuant to convertible loan note
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.035 1,142,857
d)	Aggregated information Aggregated volume Price	n/a
e)	Date of the transaction	29 August 2017
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

END

 

 

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