Directorate Change

RNS Number : 0356M

Symphony Environmental Tech. PLC

17 May 2010

 



SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

 ("Symphony" or the "Group")

RESIGNATION OF NON-EXECUTIVE DIRECTOR

Symphony Environmental Technologies plc announces that Hugo Swire has been appointed Minister of State for Northern Ireland in the new UK Government and has consequently resigned as Non-Executive Director, in line with the principles laid out in the Cabinet Office's Ministerial Code guidance.

The Board would like to thank Hugo for his contribution to the Group and wish him well in his new role.

- ends -

Symphony Environmental Technologies plc
Michael Laurier, CEO Ian Bristow, FD	Tel: [phone]
Allenby Capital Limited
Nick Naylor/James Reeve	Tel: [phone]
Threadneedle Communications Graham Herring/Josh Royston	Tel: [phone]

NOTE TO EDITORS: 

Information about Symphony:

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC is a world leader in Controlled-life Plastic Technology - 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 products. 

Symphony has a diverse and growing customer-base and has established itself successfully as an international business. Products made with d₂w® plastic technology can 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), and the American Standards Organisation (ASTM).  Symphony is also a member of The US Save the Plastic Bag Coalition (http://www.savetheplasticbag.com/). Symphony actively participates in the work of the British Standards Institute (BSI) and the European Standards Organisation (CEN).

Symphony has launched d₂p anti-microbial plastic technology which has applications in similar markets to d₂w®.

Symphony is also developing innovative waste-to-energy technology and cost-effective processes to convert tyres and other waste-streams into valuable products.

Symphony is listed on the AIM market of the London Stock Exchange (Symbol SYM.L) and Symphony's American Depositary Receipts ("ADR") trade in the US on the OTC market under the symbol SETPY. The ADR to 1p 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 Group can be found at www.d2w.net.

To see d₂w plastic degrading go to: http://youtube.com/watch?v=i3TGqcpWJTM

For information about Oxo-biodegradable plastic generally see www.biodeg.org

 

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