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    RNS Number : 3507Y
  Bioganix PLC
  04 July 2008
   


    4 July 2008

    Bioganix Plc

    The directors of Bioganix Plc ('Bioganix' or 'the Company'), the AIM listed waste management services group, are pleased to announce
that trading in its shares has recommenced following the publication of its Annual Report and Accounts today.  These Accounts are entirely
consistent with the Preliminary Results announced on 15 May 2008 and include an unqualified audit report.  Copies of the accounts are
available on the company's website www.bioganix.co.uk and are in the process of being sent to shareholders.

    The company is pleased to report that it is continuing to make good progress on a number of fronts:

    The Sharpness facility opened for deliveries of waste in May enabling the commissioning of the Plant to take place. The initial
deliveries, supplied by Cory Environmental on behalf of Gloucester County Council, are now being supplemented by deliveries from a range of
commercial and municipal customers including the receipt of source segregated food waste and card from The Glastonbury Festival.  The
gradual increase in overall tonnage, coupled with the seasonal peaks in garden waste production means that the Plant is currently processing
volumes of waste at a rate slightly ahead of management's expectations.  By the end of June over 4,000 tonnes of waste had been processed.

    The Parham plant is currently operating at near full capacity. The settlement arrangements with a major customer ("the Customer")
referred to in the Trading Update on 15 April 2008 are now being implemented.  Cash payments have been received in accordance with the
agreed schedule and the Customer has been processing material supplied by Bioganix in one of the Customer's own facilities, for a reduced
gate fee as agreed.

    Continued progress is being made as regards the proposed new facility in Buckinghamshire.  A positive screening opinion for the proposed
site has been received and preparations for the submission of the full planning application are now well advanced.

    The Company continues to explore a number of other significant opportunities within the waste and "green energy" markets for composting
and anaerobic digestion applications.

    The Company expects to announce its interim results for the six months ended 30 June 2008 on 29 September 2008.
      
    Contacts:

 Nick Helme                                      01568 619115
 Managing Director - Bioganix Plc

 Julian Morgan                                   01568 619101
 Finance and Commercial Director - Bioganix Plc

 Mike Coe                                        0117 933 0020
 Blue Oar Securities Plc

 Tom Cooper / Paul Vann                          0117 920 0092
 Winningtons Financial                           0797 122 1972


This information is provided by RNS
The company news service from the London Stock Exchange
 
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