Extension of Options

RNS Number : 5611B

Symphony Environmental Tech. PLC

09 October 2020

 

9 October 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

("Symphony", the "Company")

Director/PDMR Shareholdings - Extension of Options

Symphony Environmental Technologies Plc (AIM: SYM) announces amendments to options held by Michael Stephen, Commercial Director of the Company.

In order to align the executive directors option packages, and in particular the exercise periods, the Company has extended the exercise period of options granted over an aggregate of 2,210,000 ordinary shares of 1p each in the Company ("Ordinary Shares")("Options") to Michael Stephen as detailed in the PDMR tables below. 

All other terms of the Options remain the same.

Enquiries

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

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 Stephen
2	Reason for notification
a.	Position/Status	PDMR Director 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	N/A
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	Options over Ordinary Shares of 1p each ISIN: GB0009589168
b.	Nature of the transaction	Extension of option exercise period from 26 November 2020 to 26 November 2021
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			n/a	2,000,000
d.	Aggregated information - Aggregated Volume - Price	Volume: 2,000,000 Price:  n/a
e.	Date of the transaction	8 October 2020
f.	Place of the transaction	Outside of trading venue
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 Director 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	N/A
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	Options over Ordinary Shares of 1p each ISIN: GB0009589168
b.	Nature of the transaction	Extension of option exercise period from 30 March 2021 to 30 March 2022
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			12.5p	210,000
d.	Aggregated information - Aggregated Volume - Price	Volume: 210,000 Price:  12.5p
e.	Date of the transaction	8 October 2020
f.	Place of the transaction	Outside of trading venue

 

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