Symphony Env. Regulatory News (SYM)

4 May 2022

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony", the "Company" or the "Group")

Grant of Options

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 as follows:

Options over 3,800,000 ordinary shares of 1p each in the Company ("Ordinary Shares") to staff under the Company's EMI scheme with an exercise price of 25 pence per Ordinary Share ("Staff Options"). The exercise price of 25 pence represents a premium of approximately 30 per cent. to the closing share price of the Company on 29 April 2022, 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.

Options over 200,000 Ordinary Shares have separately been granted to sales consultants of the Group. These options also have an exercise price of 25 pence per Ordinary Share, vest after one year and expire three years from date of grant.

Options over 750,000 Ordinary Shares have also been granted to a consultant performing advisory services on various sales and marketing activities of the Group (the "Consultant Options") as follows:

· 250,000 Consultant Options with an exercise price of 25 pence per Ordinary Share

· 500,000 Consultant Options with an exercise price of 30 pence per Ordinary Share

The Consultant Options expire three years from the date of grant.

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