Change of Adviser

RNS Number : 9538D

Symphony Environmental Tech. PLC

31 March 2011

 



31 March 2011                                                                                   

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

Change of Adviser

Symphony Environmental Technologies Plc ("Symphony" or the "Company"), the specialist in advanced plastics technologies including controlled life and anti-microbial products, is pleased to announce the appointment of Seymour Pierce Limited as Nominated Adviser and Broker to the Company, with immediate effect.

**ENDS**

For further information, please contact:

Symphony
Michael Laurier, CEO	Tel: [phone]
Ian Bristow, FD
Seymour Pierce Limited Stewart Dickson / Freddy Crossley (Corporate Finance) Katie Ratner (Corporate Broking)	Tel: [phone]
Bishopsgate Communications Nick Rome	Tel: [phone]

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC'S shares are traded on The AIM market of the London Stock Exchange, (Symbol: SYM: LSE) and Plus Markets, (Symbol: SYM; GB)

There is also a Level 1 ADR Programme. Symphony ADR trades in the US on the Over-The-Counter (OTC) market under the symbol SETPY. The ADR to ordinary share ratio is 1:100 and the CUSIP is 87156K104. BNY Mellon acts as sponsored depositary for Symphony's ADR facility.

Further information on the Symphony Environmental Technologies Group of companies:

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC is a specialist in controlled-life plastic technology and products - a system that works by a process called oxo-biodegradation.  The technology is branded d2w® and appears as a droplet logo on many thousands of tonnes of plastic packaging and other plastic products. 

Symphony's d2w® technology turns plastic at the end of its service-life into a material with a completely different molecular structure.  At that stage it is no longer a plastic and can be bioassimilated in the open environment in the same way as a leaf.

For a video of d2w® plastic degrading see http://www.youtube.com/watch?v=i3TGqcpWJTM

Symphony has a diverse and growing customer-base and has established itself successfully as an international business. Products made with d2w® plastic technology can now be found in more than 90 countries around the world and in many different product applications.  Symphony is a member of the Oxo-biodegradable Plastics Association (www.biodeg.org), the Society for the Chemical Industry (UK), The British Plastics Federation (BPF), Symphony is also a member of the European Organisation for Packaging & the Environment (Europen) and the British Brands Group. Symphony actively participates in the work of the British Standards Institute (BSI), the European Standards Organisation (CEN), the American Standards Organisation (ASTM); and the International Standards Organisation (ISO)   Symphony holds an ISO 9001-2008 certificate for quality management.              

The company has introduced a new product called d₂p.  This is a suite of additives which give plastic products anti-bacterial, anti-viral, and anti-fungal properties.  The first has already been brought to market, and the others are in development.  Symphony has also introduced a hand-held x-ray frequency device (the "d2Detector") which can analyse the composition of polymer products without the need to take samples to a laboratory.  Not least, the company continues to develop systems for converting scrap tyres into useful products.

Further information on the Symphony Group can be found at www.d2w.net.

 

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