RNS Number : 8364Y
Symphony Environmental Tech. PLC
08 January 2024
 

8 January 2024

 

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

 

("Symphony", the "Company" or the "Group")

Grant of Options and PDMR dealing

Symphony Environmental Technologies Plc (AIM: SYM), global specialists in products and technologies that "make plastic and rubber products smarter, safer and more sustainable", announces it has granted options over 3,125,000 ordinary shares of 1p each in the Company ("Ordinary Shares") to staff under the Company's EMI scheme with an exercise price of 4.5 pence per Ordinary Share ("Staff Options").

The exercise price of 4.5 pence represents a premium of approximately 20 per cent. to the closing share price of the Company on 4 January 2024, being the last business day prior to the grant of the Staff Options. The Staff Options vest after one year and expire 10 years from date of grant. There is one PDMR participating in the scheme, details of his grant are shown at the end of this announcement.

 

Enquiries

 

Symphony Environmental Technologies Plc


Michael Laurier, CEO Ian Bristow, CFO

www.symphonyenvironmental.com

+44 (0) 20 8207 5900

Zeus (Nominated Adviser and Joint Broker)

+44 (0) 203 829 5000

 

David Foreman / Kieran Russell (Investment Banking)

Dominic King  (Corporate Broking)


 

 

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

 

Director of subsidiary

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

Grant of EMI Options

c

.

Price(s)                                and volume(s)






Price(s)

Volume(s)


£0.045

300,000



d

.

Aggregated information

 

-                 Aggregated Volume

 

- Price

 

 

Volume: 300,000 Price: £0.045

e

.

Date          of          the transaction

2024-01-5

f

.

Place         of                    the transaction

Outside a trading venue

 

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