Exercise of Options/PDMR dealing

RNS Number : 3893U

Symphony Environmental Tech. PLC

29 July 2020

 

29 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/PDMR dealing

Symphony Environmental Technologies Plc announces that the Company has issued 1,225,000 new ordinary shares of 1p each in the Company ("Ordinary Shares"), pursuant to an exercise of share options granted on the 27 September 2010 under the Company's staff EMI scheme ("Option Shares").  Of these Option Shares, 500,000 relate to PDMRs, with further details provided in the tables below.

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 3 August 2020 ("Admission").

Following Admission, the enlarged issued share capital of the Company will be 171,751,277 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]

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	Susan Kelly
2	Reason for notification
a.	Position/Status	PDMR Group Financial Controller
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	Exercise of share options to purchase 300,000 new ordinary shares of 1p each in the Company
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.12	300,000
d.	Aggregated information - Aggregated Volume - Price	Volume:  300,000 Price:  £36,000
e.	Date of the transaction	2020-28-07
f.	Place of the transaction	Borehamwood, UK

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	Keith Frener
2	Reason for notification
a.	Position/Status	PDMR Subsidiary director
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	Exercise of share options to purchase 2000,000 new ordinary shares of 1p each in the Company
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.12	200,000
d.	Aggregated information - Aggregated Volume - Price	Volume:  200,000 Price:  £24,000.00
e.	Date of the transaction	2020-28-07
f.	Place of the transaction	Borehamwood, UK

 

END

 

 

DSHKKFBPABKDDOB