New consultancy agreement and grant of options

Summary by AI BETAClose X

Symphony Environmental Technologies Plc has entered into a five-year consultancy and sales agreement with a Dominican Republic resident to act as its ambassador in the English Caribbean region. In lieu of cash, Symphony will grant the consultant options to acquire 200,000 ordinary shares at an exercise price of 20 pence, exercisable between January 2027 and January 2031. This grant brings the total outstanding options to 15,616,500, representing approximately 6.6% of the company's issued share capital.

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Symphony Environmental Tech. PLC
18 February 2026
 

Environmental Technologies 383 Small

 

18 February 2026

 

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony" or the "Company")

 

New consultancy agreement and grant of options

 

 

Symphony Environmental Technologies Plc (AIM: SYM), the global specialist that makes plastic products smarter, safer and sustainable, announces that it has entered into a 5 year consultancy and sales agreement with a resident of the Dominican Republic (the "Consultant") (the "Agreement"). The Agreement provides that the Consultant shall act as the Company's ambassador in the English Caribbean region, particularly in relation to commercial, Governmental and other relations work. The Agreement further provides that Symphony shall grant options over 200,000 ordinary shares of 1p each in the Company (the "Options") to the Consultant in lieu of cash remuneration.

 

The Options have an exercise price of 20 pence and are exercisable between 18 January 2027 to 17 January 2031. Following grant of the Options, the total number of options granted by the Company is 15,616,500 representing approximately 6.6% of Symphony's total issued share capital.

 

Enquiries

 

Symphony Environmental Technologies Plc


Michael Laurier, CEO

Tel: +44 (0) 20 8207 5900

Ian Bristow, CFO


www.symphonyenvironmental.com


Zeus (Nominated Adviser and Broker)


David Foreman / Emma Burn (Investment Banking)

Tel: +44 (0) 20 3829 5000

Dominic King (Corporate Broking)

 

 

NOTES TO EDITORS:

 

About Symphony Environmental

 

Symphony's d2w masterbatch technology is added to polyethylene (PE) and polypropylene (PP) products at the manufacturing stage at little or no extra cost, and ensures that if they get into the environment at the end of their useful life they will not create microplastics and lie or float around for decades.  Instead they will safely biodegrade, leaving no microplastics or toxicity. If they get collected during their useful life they can be recycled with ordinary PE and PP without separation See  https://www.biodeg.org/subjects-of-interest/recycling-2/

 

Symphony also supplies a range of plastic technologies under its d2p (designed to protect) brand www.d2p.net to provide protection against insects, viruses, bacteria, fungi, rodents, odours, and fire.  It has also introduced a new product under its NbR brand https://www.symphonyenvironmental.com/natural-biodegradable-resin/ to reduce the amount of fossil-derived material in plastic products.

 

Symphony has a diverse and growing customer-base and has established itself as an international business with over 70 distributors around the world. Products made with Symphony's plastic technologies are now available in nearly 100 countries and in many different product applications. Symphony itself is certified according to ISO9001 and ISO14001.

 

Symphony participates in the Committee work of the British Standards Institute (BSI), the American Standards Organisation (ASTM), the European Standards Organisation (CEN), and the International Standards Organisation (ISO).

 

Further information on the Group can be found at www.symphonyenvironmental.com  and twitter @SymphonyEnv  

 

See also Symphony on Instagram and Linkedin.

 

 

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