Exercise of Options and Issue of Equity

RNS Number : 7222A

Symphony Environmental Tech. PLC

28 March 2017

 

28 March 2017 

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

Exercise of Options and Issue of New Ordinary Shares

Symphony Environmental Technologies Plc ("Symphony" or "Company") announces that the Company has issued 300,000 new ordinary shares of 1p each in the Company ("Ordinary Shares")(the "Option Shares"), pursuant to an exercise of share options granted under the Company's staff EMI scheme by a former employee of the Company.

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 April 2017 ("Admission").

Following Admission, the enlarged issued share capital of the Company will be 150,239,377 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.

**ENDS**

 For further information, please contact:

Contacts

Symphony Environmental Technologies Plc
Michael Laurier, CEO	Tel: [phone]
Ian Bristow, FD
Cantor Fitzgerald Europe
David Foreman / Michael Reynolds (Corporate Finance)	Tel: [phone]
David Banks (Sales)

 

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