TIDMSYM

RNS Number : 8364Y

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        +44 (0) 20 8207 
  www.symphonyenvironmental.com                     5900 
                                             ---------------- 
                                              +44 (0) 203 829 
 Zeus (Nominated Adviser and Joint Broker)          5000 
                                             ---------------- 
 
 
 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/         Initial Notification 
  . 
       Amendment 
     ----------------------------  ----------------------------------------- 
 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           Ordinary Shares of 1p each 
  .     financial instrument, 
        type of instrument 
 
        Identification Code          ISIN: GB0009589168 
 b     Nature of the transaction    Grant of EMI Options 
  . 
      ---------------------------  ---------------------------------------- 
 
 c     Price(s) and volume(s)        Price(s)            Volume(s) 
  . 
      ---------------------------   ------------------  ----------------- 
    GBP0.045                                             300,000 
   ---------------------------------------------------  ----------------- 
 
 d      Aggregated information 
  . 
         - Aggregated Volume          Volume: 300,000 Price: GBP0.045 
 
          *    Price 
      ---------------------------  ---------------------------------------- 
 e     Date of the transaction      2024-01- 5 
  . 
      ---------------------------  ---------------------------------------- 
 f     Place of the transaction     Outside a trading venue 
  . 
      ---------------------------  ----------------------------------------

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END

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January 08, 2024 02:00 ET (07:00 GMT)

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