Byotrol PLC Result of General Meeting (7353P)

TIDMBYOT

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   Revised Shareholding   Revised Shareholding 
                    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     Initial Notification 
       / amendment 
===  ========================  ============================================== 
 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            ordinary shares of 0.25p each 
       the financial 
       instrument 
                                 GB00B0999995 
       Identification 
       code 
===  ========================  ============================================== 
 b)   Nature of the             Acquisition of shares pursuant to the Placing 
       transaction               and Open Offer 
===  ========================  ============================================== 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                  ----------  ---------- 
                                   GBP0.040    3,000,000 
                                  ----------  ---------- 
===  ========================  ============================================== 
 d)   Aggregated information    n/a 
       Aggregated volume 
       Price 
===  ========================  ============================================== 
 e)   Date of the transaction   5 September 2017 
===  ========================  ============================================== 
 f)   Place of the              London Stock Exchange, AIM Market (XLON) 
       transaction 
===  ========================  ============================================== 
 
 
 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     Initial Notification 
       / amendment 
===  ========================  ========================================= 
 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            ordinary shares of 0.25p each 
       the financial 
       instrument 
                                 GB00B0999995 
       Identification 
       code 
===  ========================  ========================================= 
 b)   Nature of the             Issue of share pursuant to convertible 
       transaction               loan note 
===  ========================  ========================================= 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                  ----------  ---------- 
                                   GBP0.035    1,142,857 
                                  ----------  ---------- 
===  ========================  ========================================= 
 d)   Aggregated information    n/a 
       Aggregated volume 
       Price 
===  ========================  ========================================= 
 e)   Date of the transaction   29 August 2017 
===  ========================  ========================================= 
 f)   Place of the              London Stock Exchange, AIM Market (XLON) 
       transaction 
===  ========================  ========================================= 
 
 
 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     Initial Notification 
       / amendment 
===  ========================  ========================================= 
 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            ordinary shares of 0.25p each 
       the financial 
       instrument 
                                 GB00B0999995 
       Identification 
       code 
===  ========================  ========================================= 
 b)   Nature of the             Issue of share pursuant to convertible 
       transaction               loan note 
===  ========================  ========================================= 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                  ----------  ---------- 
                                   GBP0.035    1,142,857 
                                  ----------  ---------- 
===  ========================  ========================================= 
 d)   Aggregated information    n/a 
       Aggregated volume 
       Price 
===  ========================  ========================================= 
 e)   Date of the transaction   29 August 2017 
===  ========================  ========================================= 
 f)   Place of the              London Stock Exchange, AIM Market (XLON) 
       transaction 
===  ========================  ========================================= 
 

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September 04, 2017 06:57 ET (10:57 GMT)