Symphony Environmental Tech. PLC
13 May 2015
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
Exercise of Staff Options and Issue of Equity
Symphony Environmental Technologies Plc ("Symphony" or "Company") announces that the Company has received notice from a member of Symphony's staff to exercise options to purchase 220,000 new ordinary shares of 1p each in the Company (the "Option Shares"). The options were granted under the Company's staff EMI scheme on 31 January 2008 with an exercise price of 2.75p per share.
Application will be 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 ("Admission"). It is expected that Admission will be effective and that dealings can commence on or around 19 May 2015.
Following Admission, the enlarged issued share capital of the Company will be 144,789,377 ordinary shares of 1p each. 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.
**ENDS**
For further information, please contact:
Contacts
Symphony Environmental Technologies Plc |
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Michael Laurier, CEO |
Tel: +44 (0) 20 8207 5900 |
Ian Bristow, FD |
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Cantor Fitzgerald Europe |
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David Foreman / Michael Reynolds (Corporate Finance) |
Tel: +44 (0) 20 7894 7000 |
David Banks / Tessa Sillars (Corporate Broking) |
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Blytheweigh |
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Halimah Hussain Andrea Benton |
Tel: +44 (0) 20 7138 3204 |
