EU legal challenge update
12 March 2021
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
(the "Company")
EU legal challenge update
Symphony Environmental Technologies Plc (AIM:SYM), global specialists in supplying and developing technologies that make plastic "smarter, safer and sustainable", advises that further to the Company's announcements on 21 December 2020 and 9 February 2021 in relation to legal action commenced against the Commission, Parliament, and Council of the European Union ("EU")*, in the General Court of the European Union (the "Court"), we have been advised that the Court has granted an extension of time to each defendant to file their defences. These must now be filed by 7 April 2021 for the Council and Commission and 14 April 2021 for the Parliament.
The Company will provide an update after 14 April 2021 when the Company's legal team has evaluated the defences.
* in relation to their decision to adopt Article 5 of the Single Use Plastics Directive 2019/904.
Enquiries
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Symphony Environmental Technologies Plc |
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Michael Laurier, CEO |
Tel: +44 (0) 20 8207 5900 |
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Ian Bristow, CFO |
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Zeus Capital Limited (Nominated Adviser and Joint Broker) |
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David Foreman / Nick Cowles / Kieran Russell (Corporate Finance) |
Tel: +44 (0) 161 831 1512 |
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Dominic King / Victoria Ayton (Sales) |
Tel: +44 (0) 203 829 5000 |
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Hybridan LLP (Joint Broker) Claire Louise Noyce
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Tel: +44 (0) 203 764 2341 |
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