Exercise of Options

RNS Number : 2222U

Symphony Environmental Tech. PLC

28 July 2020

 

28 July 2020

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")

Exercise of Options

Symphony Environmental Technologies Plc announces that the Company has issued 500,000 new ordinary shares of 1p each in the Company ("Ordinary Shares"), pursuant to an exercise of share options granted on 16 October 2018 ("Option Shares"). 

Application has been made for the Option Shares, (which will rank pari passu with the Company's existing Ordinary Shares in issue), to be admitted to trading on AIM and dealings are expected to commence on 31 July 2020 ("Admission").

Following Admission, the enlarged issued share capital of the Company will be 170,526,277 Ordinary Shares. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

This announcement has been released by Ian Bristow, CFO and Company Secretary, on behalf of the Company.

Enquiries:

Symphony Environmental Technologies Plc
Michael Laurier, CEO	Tel: [phone]
Ian Bristow, CFO
www.symphonyenvironmental.com
Zeus Capital Limited (Nominated Adviser and Joint Broker)
Nick Cowles / David Foreman / Kieran Russell (Corporate Finance)	Tel: [phone]
Dominic King / Victoria Ayton (Sales)	Tel: [phone]
Hybridan LLP (Joint Broker) Claire Louise Noyce	Tel: [phone]

 

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