12 Oct 2016 07:00
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) |