Secondary Trading Notice
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
21 June 2024
SECONDARY TRADING NOTICE PURSUANT TO SECTION 708A(5) OF THE
CORPORATIONS ACT 2001 (“Act”)
On 21 June 2024, Biome Australia Limited (“the Company”) (ASX:BIO) issued a total of 2,131,404
fully paid ordinary shares (“Shares”) in the capital of the Company following the exercise of
options. Through the exercise of options, the Company received $639,421.
Biome reiterates the company has been cash flow positive for the past two quarters and expects
a third cash flow positive quarter in Q4 FY24. The receipt of these funds will increase Biome’s cash
balance at the close of FY24.
Biome Australia Founder and Managing Director, Blair Vega Norfolk, says:
“As we reach the close of FY24, I want to thank our shareholders for all their support throughout
the financial year. In Q1 FY25 I look forward to sharing the Biome-27 Strategic Plan and FY25
strategy in support of our core mission to improve health outcomes and the quality of life of
Australians.”
The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt
under section 708 or 708A of the Act. By giving this notice, the on sale of the Shares noted above
will fall within the exemption in section 708A(5) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
(a)
(b)
(c)
The Company issued a total of 2,131,404 Shares on 21 June 2024 without disclosure to
investors under Part 6D.2 of the Act.
The Company has complied with the provisions of Chapter 2M of the Act as they apply
to the Company, and section 674 of the Act; and
There is no information:
(i) That has been excluded from a continuous disclosure notice in accordance with
the ASX Listing Rules; and
(ii) That investors and their professional advisers would reasonably require for the
purpose of making an informed assessment of:
A.
The assets and liabilities, financial position and performance, profits
and losses and prospects of the Company; or
B.
The rights and liabilities attaching to the Shares.
The relevant Appendix 2A was lodged via ASX on-line forms.
-EndsAuthorised by the Board.
About Biome Australia Limited
Biome Australia develops, licenses, commercialises and markets innovative, evidence-based live
biotherapeutics (probiotics) and complementary medicines, many of which are supported by
clinical research. Biome aims to improve health outcomes and quality of life and make its
products accessible to all.
Incorporated in Australia in 2018, Biome distributes locally and abroad. In partnership with some
of the world's leading organisations in microbiome research and development, Biome produced
several unique live biotherapeutic (probiotic) products with innovative delivery technologies that
improve their stability and efficacy to create its flagship range of complementary medicines:
Activated Probiotics .
®
Supported by clinical research, including randomised double-blind placebo-controlled trials,
Activated Probiotics help prevent and support the management of various health concerns,
including low mood and sleep, bone health, iron malabsorption, mild eczema and IBS. Through
practitioner-only distribution, Biome is committed to educating health professionals on the
newfound systemic health effects of the gut microbiota, helping them to provide innovative,
evidence-based natural medicines for the management of some of humanity's most prevalent and
chronic health concerns.
For more information visit: www.biomeaustralia.com
Investor Relations
Jo Power
+61 (3) 9017 5800
corporate@biomeaustralia.com
Media enquiries
media@activated.co
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