Symphony Environment - Exercise of Options/PDMR dealing

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:

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")

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")