Symphony Environmental Tech. PLC Exercise of options and PDMR dealing (2032T)
19 March 2019 - 2:18AM
UK Regulatory
TIDMSYM
RNS Number : 2032T
Symphony Environmental Tech. PLC
18 March 2019
18 March 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")
Exercise of Options/PDMR dealing
Symphony Environmental Technologies Plc announces that the
Company has issued 225,000 new ordinary shares of 1p each in the
Company ("Ordinary Shares"), pursuant to an exercise of share
options granted on the 26 March 2009 under the Company's staff EMI
scheme ("Option Shares"). Of these 225,000 Option Shares, 50,000
relate to a PDMR, with further details provided in the table
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 22 March 2019 ("Admission").
Following Admission, the enlarged issued share capital of the
Company will be 154,569,377 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, 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
Cantor Fitzgerald Europe (Nominated Adviser and Broker)
David Foreman, Richard Salmond, Michael Boot Tel: +44 (0) 20
7894 7000
(Corporate Finance)
Caspar Shand Kydd, Gregor Paterson (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 Susan Kelly
-------------------------------------------------------
2 Reason for notification
-------------------------------------- -------------------------------------------------------
a. Position/Status PDMR
Group Financial Controller
-------------------------------------- -------------------------------------------------------
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 Exercise of share options to purchase 50,000
transaction new ordinary shares of 1p each in the Company
-------------------------------------- -------------------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
-------------------------------------- ----------------------
GBP0.02375 50,000
-------------------------------------------------------------------- --------------------------
d. Aggregated information Volume: 50,000
- Aggregated Volume Price: GBP1,187.50
- Price
-------------------------------------- -------------------------------------------------------
e. Date of the transaction 2019-18-03
-------------------------------------- -------------------------------------------------------
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 rns@lseg.com or visit www.rns.com.
END
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