Exercise of warrants15 Sep 2020 08:24
Following Allotment, Vincel will be interested in 20,456,900 Ordinary Shares representing approximately 11.6% of the enlarged issued share capital of the Company. Vincel is owned by Mrs Shruti Lohia, daughter of Mr S P Lohia, who is the Chairman of Indorama Corporation, Singapore.
Michael Laurier CEO said: "I am very pleased to see Vincel exercise these warrants as further demonstration of their confidence in Symphony and the value that our technologies can have towards helping to improve health and the environment everywhere."