REG - Symphony Environment - Change of Subscription Amount

Symphony Environmental TechnologiesAnnouncement

11/06/2025 10:30

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RNS Number : 4007M  Symphony Environmental Tech. PLC  11 June 2025

11 June 2025

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

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

Change of Subscription Amount

Symphony Environmental Technologies Plc (AIM: SYM), the global specialist that
makes plastic and rubber products "smarter, safer and sustainable" announces
that the terms of the subscription announced on 5 June 2025 in relation to
Tranche B* being 11,500,000 new ordinary shares of nominal value 1 pence each
in the Company ("Ordinary Shares") by Quantum Leap 1.1.1 Fund LP ("Q111Fund"),
have by mutual agreement been amended.

The subscription for 11,250,000 new Ordinary Shares at 20 pence per share
raising £2.25 million has been reduced to 10,014,875 new Ordinary Shares at
20 pence each ("Revised New Ordinary Shares") raising £2.00 million ("Revised
Amount"). The Revised Amount has been received, and the Revised New Ordinary
Shares are expected to be admitted to trading on AIM on or around 12 June 2025
("Admission"). Following Admission, Q111Fund will hold 4.24 per cent. of the
enlarged issued share capital of the Company.

All other material terms remain unchanged.

Including the completed Tranche A* subscription as announced on 5 June 2025, a
total of £2.25 million equity has therefore been raised at a share price of
20p per Ordinary Share.

*defined terms herein have the same meaning as those set out in the
announcement dated 5 June 2025 unless otherwise defined in this announcement

Total Voting Rights

The Company does not hold any shares in Treasury. Following Admission, the
total issued share capital and total voting rights of the Company will be
236,363,995 Ordinary Shares.

The above figures may be used by shareholders as the denominator for the
calculations by which they will determine whether they are required to notify
their interest in, or a change to their interest in, the Company under the
Financial Conduct Authority's Disclosure and Transparency Rules up until
Second Admission.

Enquiries:

 Symphony Environmental Technologies Plc                         Tel: +44 (0) 208 207 5900

 Michael Laurier, CEO

 Ian Bristow, CFO

 www.symphonyenvironmental.com
 Zeus Capital Limited (Nominated Adviser and Broker)             Tel: +44 (0) 203 829 5000

 David Foreman, Alexandra Campbell-Harris (Investment Banking)

NOTES TO EDITORS:

About Symphony Environmental Technologies plc

https://www.symphonyenvironmental.com (https://www.symphonyenvironmental.com)

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
accredited to ISO9001 and ISO14001.

Symphony is a founder-member of The BPA (www.biodeg.org) and 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
https://www.symphonyenvironmental.com (https://www.symphonyenvironmental.com)
and X @SymphonyEnv. See also Symphony on Instagram.

D2W TECHNOLOGY

Symphony has developed over 25 years a biodegradable plastic technology which
addresses the problem of persistent microplastics, by turning ordinary plastic
at the end of its service-life into a waxy substance which is biodegradable.
It is then no longer a plastic and can be bioassimilated in the open
environment in a similar way to a leaf without leaving microplastics behind.
The technology is branded d2w® and appears as a droplet logo on many
thousands of tonnes of plastic packaging and other plastic products around the
world, much of which has been recycled. In some countries, this type of
plastic is mandatory for short-life plastic products.

D2P TECHNOLOGY

Symphony has also developed practical and cost-effective ways to upgrade
plastic products to provide protection against bacteria, viruses, fungi,
insects, odours and fire.  See www.d2p.net.

NbR TECHNOLOGY

NbR is made with natural minerals to reduce the amount of fossil-derived
polyethylene or polypropylene used for making plastic products. The products
can be recycled, but will biodegrade safely without leaving microplastics if
they escape recycling and end up as litter in the open environment.

When NbR is used instead of normal polythene or polypropylene, it will reduce
the amount of fossil-derived plastic in the product by 20%, as well as cutting
CO2 emissions.

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