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Symphony Environment - 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: +44 (0) 20 8207 5900

Ian Bristow, CFO


www.symphonyenvironmental.com




Zeus Capital Limited (Nominated Adviser and Joint Broker)


Nick Cowles / David Foreman / Kieran Russell (Corporate Finance)

Tel: +44 (0) 161 831 1512

Dominic King / Victoria Ayton (Sales)

Tel: +44 (0) 203 829 5000



Hybridan LLP (Joint Broker)

Claire Louise Noyce

 

 

Tel: +44 (0) 203 764 2341

 

 

 

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

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Symphony Environmental Technologies PLC

Price: 28

Market: AIM
Market Cap: £49.49 m
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