TIDMSYM

RNS Number : 3962N

Symphony Environmental Tech. PLC

17 January 2019

17 January 2019

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")

Director/PDMR Shareholdings

On 16 January 2019, Michael Laurier, Chief Executive Officer of the Company and Michael Stephen, Commercial Director and Deputy Chairman of the Company, carried out 'Bed and ISA' transfers of ordinary shares of 1p each in the Company ("Ordinary Shares") from their share dealing accounts into their respective ISAs.

Michael Stephen also transferred Ordinary Shares to his wife's ISA.

Details of the transactions are shown in the PDMR notifications below.

Following the transfers, Michael Laurier remains beneficially interested in 23,424,510 Ordinary Shares which equates to 15.18 per cent. of the total issued share capital of the Company and Michael Stephen remains beneficially interested in 1,352,176 Ordinary Shares which equates to 0.88 per cent. of the total issued share capital of the Company. The beneficial holdings of each of Michael Laurier and Michael Stephen and the respective persons closely associated with them, are unchanged following these transactions.

Enquiries

Symphony Environmental Technologies Plc

Michael Laurier, CEO Tel: +44 (0) 20 8207 5900

   Ian Bristow, CFO               www.symphonyenvironmental.com 

Cantor Fitzgerald Europe (Nominated Adviser and Broker)

David Foreman, Richard Salmond, Michael Boot Tel: +44 (0) 20 7894 7000

(Corporate Finance)

Caspar Shand Kydd (Sales)

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                                   Michael Laurier 
                                               ----------------------------------------------------------------- 
 2       Reason for notification 
        -------------------------------------  ----------------------------------------------------------------- 
 a.      Position/Status                        PDMR 
                                                 Chief Executive Officer of Symphony Environmental 
                                                 Technologies plc 
        -------------------------------------  ----------------------------------------------------------------- 
 b.      Initial notification/                  Initial Notification 
          Amendment 
        -------------------------------------  ----------------------------------------------------------------- 
 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                         Ordinary Shares of 1p each 
          the financial 
          instrument, type 
          of instrument                          ISIN: GB0009589168 
 
          Identification 
          Code 
        -------------------------------------  ----------------------------------------------------------------- 
 b.      Nature of the                          Sale of 265,994 ordinary shares of 1p each 
          transaction                            in the Company ("Ordinary Shares") that 
                                                 were immediately repurchased by Michael 
                                                 Laurier through a Bed and ISA arrangement 
        -------------------------------------  ----------------------------------------------------------------- 
 
 c.      Price(s) and volume(s)                          Price(s)                     Volume(s) 
          Transaction 1 
          (Sale) 
          Transaction 2 
          (Purchase) 
        -------------------------------------           --------------------------- 
                                                         GBP0.0750                    265,994 
     GBP0.0752                                                                         265,994 
   --------------------------------------------------------------------------------  ---------------------- 
 
 d.      Aggregated information                   Price(s)     Aggregated Price    Aggregated Volume 
          Transaction 1                            GBP0.0750    GBP19,949.55        265,994 
          (Sale)                                               ------------------  ------------------ 
          Transaction 2                            GBP0.0752    GBP20,002.75        265,994 
          (Purchase)                                           ------------------  ------------------ 
        -------------------------------------  ----------------------------------------------------------------- 
 e.      Date of the transaction                2019-01-16 
        -------------------------------------  ----------------------------------------------------------------- 
 f.      Place of the transaction               London Stock Exchange 
        -------------------------------------  ----------------------------------------------------------------- 
 
 
 
 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 
                                                 Commercial Director and Deputy Chairman 
                                                 of Symphony Environmental Technologies plc 
        -------------------------------------  ----------------------------------------------------------------- 
 b.      Initial notification/                  Initial Notification 
          Amendment 
        -------------------------------------  ----------------------------------------------------------------- 
 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                         Ordinary Shares of 1p each 
          the financial 
          instrument, type 
          of instrument                          ISIN: GB0009589168 
 
          Identification 
          Code 
        -------------------------------------  ----------------------------------------------------------------- 
 b.      Nature of the                          Sale of 531,888 ordinary shares of 1p each 
          transaction                            in the Company ("Ordinary Shares") where 
                                                 265,944 Ordinary Shares were immediately 
                                                 repurchased by Michael Stephen through a 
                                                 Bed and ISA arrangement and 265,944 Ordinary 
                                                 Shares were purchased by Michael's wife 
                                                 through a Bed and ISA arrangement. 
        -------------------------------------  ----------------------------------------------------------------- 
 
 c.      Price(s) and volume(s)                          Price(s)                     Volume(s) 
 
          Transaction 1 
          (Sale) 
          Transaction 2 
          (Purchase (own 
          ISA)) 
          Transaction 3 
          (Purchase (wife's 
          ISA)) 
        -------------------------------------           --------------------------- 
                                                         GBP0.0750                    531,888 
     GBP0.0751                                                                         265,944 
     GBP0.0751                                                                         265,944 
   --------------------------------------------------------------------------------  ---------------------- 
 
 d.      Aggregated information                   Price(s)     Aggregated Price    Aggregated Volume 
          Transaction 1                            GBP0.0750    GBP39,891.60        531,888 
          (Sale)                                               ------------------  ------------------ 
          Transaction 2                            GBP0.0751    GBP19,972.39        265,994 
          (Purchase (own                                       ------------------  ------------------ 
          ISA))                                    GBP0.0751    GBP19,972.39        265,944 
          Transaction 3                                        ------------------  ------------------ 
          (Purchase (wife's 
          ISA)) 
        -------------------------------------  ----------------------------------------------------------------- 
 e.      Date of the transaction                2019-01-16 
        -------------------------------------  ----------------------------------------------------------------- 
 f.      Place of the transaction               London Stock Exchange 
        -------------------------------------  ----------------------------------------------------------------- 
 
 

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