Biome Technologies welcomes Martin Rushton-Turner to its Board as Non-Executive Director

– UK, Marchwood –  Biome Technologies plc (LON: BIOM), leading bioplastics and radio frequency technology business, today announced the appointment of Martin Rushton-Turner to its Board as a Non-Executive Director effective immediately.

About Martin Rushton-Turner

Martin Rushton-Turner is a significant investor in Biome since 2010 and currently holds 13.31 percent of the voting rights in the Company and approximately 35 percent of its Convertible Loan Notes. He retired from Swiss Reinsurance Group in 2014 and has since focused his attention and resources on several early-stage companies and investments where his roles have included being an adviser, chairman, or director.

Martin Rushton-Turner worked at Swiss Re from 2001 to 2014, initially as Head of the Strategic Transactions Group which focused on transactions between Swiss Re and corporate and financial institutions, and from 2008 to 2010 as Head of Legacy, the division formed to house and manage down the “bad bank” businesses of Swiss Re, and thereafter as Special Advisor to the Swiss Re Group CFO. Before Swiss Re, Mr. Rushton-Turner was Head of the Debt Structuring Group at Greenwich NatWest, having joined NatWest in 1993.

Mr. Rushton-Turner qualified as a chartered accountant at Coopers & Lybrand in 1990, a Barrister in 1991, and a New York attorney in 1992. He holds an LLB from University College London and is an Honorary Fellow of UCL.

About Biome

Biome Technologies plc is an AIM-listed, growth-orientated, commercially driven technology group. Our strategy is founded on building market-leading positions based on patented technology and serving international customers in valuable market sectors. We have chosen to do this by developing products in application areas where value-added pricing can be justified and which are not reliant on government legislation. These products are driven by customer requirements and are compatible with existing manufacturing processes. They are market rather than technology-led.

The Group comprises two divisions, Biome Bioplastics Limited, and Stanelco RF Technologies Limited.

Biome Bioplastics is a leading developer of highly-functional, bio-based, and biodegradable plastics. The company’s mission is to produce bioplastics that challenge the dominance of oil-based polymers.

Stanelco RF Technologies design builds, and services advanced radio frequency systems. Dielectric and induction heating products are at the core of a product offering that ranges from portable sealing devices to large furnaces for the fiber optics markets.


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