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Market Cap: £15.95m
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Additional Listing

29 Apr 2014 09:00

RNS Number : 7524F
Symphony Environmental Tech. PLC
29 April 2014
 



 

 

29 April 2014 

 

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

 

Exercise of Staff Options and Issue of Equity

 

Symphony Environmental Technologies Plc ("Symphony" or "Company") announces the Company has received notices from members of Symphony's staff to exercise options to purchase 450,000 new ordinary shares of 1p each in the Company (the "Option Shares"). The options were granted under the Company's staff EMI scheme as follows:

 

100,000 on 31 January 2008 with an exercise price of 2.75p per share; and

350,000 on 26 March 2009 with an exercise price of 2.375p 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 6 May 2014.

 

Following Admission, the enlarged issued share capital of the Company will be 128,669,377 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:

 

Symphony Environmental Technologies Plc

Michael Laurier, CEO

Tel: +44 (0) 20 8207 5900

Ian Bristow, FD

Cantor Fitzgerald Europe

Mark Percy (Corporate Finance)

Tel: +44 (0) 20 7894 7000

David Banks / Paul Jewell (Corporate Broking)

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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LISPGUAACUPCUMB
Date   Source Headline
17th Nov 20051:52 pmRNSIssue of Warrants
30th Sep 20057:00 amRNSInterim Results
9th Aug 20053:01 pmRNSConclusion of contract
24th Jun 200510:05 amRNSAGM Statement
27th May 200512:09 pmRNSNotice of AGM
20th Apr 200512:47 pmRNSCourt of appeal developments
8th Apr 20053:42 pmRNSHolding(s) in Company
5th Apr 200511:43 amRNSHolding(s) in Company
4th Apr 20057:00 amRNSDistribution Agreement-Qatar
31st Mar 200511:16 amRNSEGM Statement
23rd Mar 20057:00 amRNSFinal Results
8th Mar 20053:08 pmRNSPlacing & Notice of EGM
7th Mar 200510:29 amRNSSaudi Distribution Agreement
4th Mar 20051:55 pmRNSAppeal
7th Feb 20053:50 pmRNSIssue of Equity
1st Feb 200511:05 amRNSNew Distribution Agreement
20th Jan 200511:57 amRNSTrading Statement

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