Director/PDMR Shareholding

RNS Number : 3962N

Symphony Environmental Tech. PLC

17 January 2019

 

17 January 2019

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain  

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

(the "Company")

Director/PDMR Shareholdings

On 16 January 2019, Michael Laurier, Chief Executive Officer of the Company and Michael Stephen, Commercial Director and Deputy Chairman of the Company, carried out 'Bed and ISA' transfers of ordinary shares of 1p each in the Company ("Ordinary Shares") from their share dealing accounts into their respective ISAs.

Michael Stephen also transferred Ordinary Shares to his wife's ISA.

Details of the transactions are shown in the PDMR notifications below.

Following the transfers, Michael Laurier remains beneficially interested in 23,424,510 Ordinary Shares which equates to 15.18 per cent. of the total issued share capital of the Company and Michael Stephen remains beneficially interested in 1,352,176 Ordinary Shares which equates to 0.88 per cent. of the total issued share capital of the Company.  The beneficial holdings of each of Michael Laurier and Michael Stephen and the respective persons closely associated with them, are unchanged following these transactions.

Enquiries

Symphony Environmental Technologies Plc                                                   

Michael Laurier, CEO                                                                                                 Tel: [phone]

Ian Bristow, CFO               www.symphonyenvironmental.com      

Cantor Fitzgerald Europe (Nominated Adviser and Broker)                     

David Foreman, Richard Salmond, Michael Boot                                                 Tel: [phone]

(Corporate Finance)

Caspar Shand Kydd (Sales)                                                                                     

The notifications below have been submitted to the FCA: 

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated with them ("PCA")

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Michael Laurier
2	Reason for notification
a.	Position/Status	PDMR Chief Executive Officer of Symphony Environmental Technologies plc
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Symphony Environmental Technologies plc
b.	LEI	2138001WEI2WG26TMH90
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 the financial instrument, type of instrument Identification Code	Ordinary Shares of 1p each   ISIN: GB0009589168
b.	Nature of the transaction	Sale of 265,994 ordinary shares of 1p each in the Company ("Ordinary Shares") that were immediately repurchased by Michael Laurier through a Bed and ISA arrangement
c.	Price(s) and volume(s) Transaction 1 (Sale) Transaction 2 (Purchase)
			Price(s)	Volume(s)
			£0.0750 £0.0752	265,994 265,994
d.	Aggregated information  Transaction 1 (Sale) Transaction 2 (Purchase)	Price(s) Aggregated Price Aggregated Volume £0.0750 £19,949.55 265,994 £0.0752 £20,002.75 265,994
e.	Date of the transaction	2019-01-16
f.	Place of the transaction	London Stock Exchange

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Michael Stephen
2	Reason for notification
a.	Position/Status	PDMR Commercial Director and Deputy Chairman of Symphony Environmental Technologies plc
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Symphony Environmental Technologies plc
b.	LEI	2138001WEI2WG26TMH90
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 the financial instrument, type of instrument Identification Code	Ordinary Shares of 1p each   ISIN: GB0009589168
b.	Nature of the transaction	Sale of 531,888 ordinary shares of 1p each in the Company ("Ordinary Shares") where 265,944 Ordinary Shares were immediately repurchased by Michael Stephen through a Bed and ISA arrangement and 265,944 Ordinary Shares were purchased by Michael's wife through a Bed and ISA arrangement.
c.	Price(s) and volume(s) Transaction 1 (Sale) Transaction 2 (Purchase (own ISA)) Transaction 3 (Purchase (wife's ISA))
			Price(s)	Volume(s)
			£0.0750 £0.0751 £0.0751	531,888 265,944 265,944
d.	Aggregated information Transaction 1 (Sale) Transaction 2 (Purchase (own ISA)) Transaction 3 (Purchase (wife's ISA))	Price(s) Aggregated Price Aggregated Volume £0.0750 £39,891.60 531,888 £0.0751 £19,972.39 265,994 £0.0751 £19,972.39 265,944
e.	Date of the transaction	2019-01-16
f.	Place of the transaction	London Stock Exchange

 

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