Grant of options and PDMR dealing

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	[phone]
Zeus (Nominated Adviser and Joint Broker)	[phone]

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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