REG - Symphony Environment - Extension of Options

Symphony Environmental TechnologiesAnnouncement

09/10/2020 07:00

RNS Number : 5611B
  
Symphony Environmental Tech. PLC
  
09 October 2020
  
 

 
 
9 October 2020
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain
 
SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC
("Symphony", the "Company")
Director/PDMR Shareholdings - Extension of Options
Symphony Environmental Technologies Plc (AIM: SYM) announces amendments to options held by Michael Stephen, Commercial Director of the Company.
In order to align the executive directors option packages, and in particular the exercise periods, the Company has extended the exercise period of options granted over an aggregate of 2,210,000 ordinary shares of 1p each in the Company ("Ordinary Shares")("Options") to Michael Stephen as detailed in the PDMR tables below. 
All other terms of the Options remain the same.
Enquiries 



Symphony Environmental Technologies Plc


 




Michael Laurier, CEO


Tel: +44 (0) 20 8207 5900




Ian Bristow, CFO


 




www.symphonyenvironmental.com


 




 


 




Zeus Capital Limited (Nominated Adviser and Joint Broker)


 




David Foreman / Nick Cowles / Kieran Russell (Corporate Finance)


Tel: +44 (0) 161 831 1512




Dominic King / Victoria Ayton (Sales)


Tel: +44 (0) 203 829 5000




 


 




Hybridan LLP (Joint Broker)
Claire Louise Noyce
 


 
Tel: +44 (0) 203 764 2341



 
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


Michael Stephen




2


Reason for notification


 
 
 




a.


Position/Status


PDMR
Director of Symphony Environmental Technologies plc




b.


Initial notification/
Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a.


Name


Symphony Environmental Technologies plc 




b.


LEI


N/A




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 financial instrument, type of instrument



Identification Code


Options over Ordinary Shares of 1p each





ISIN: GB0009589168




b.


Nature of the transaction


Extension of option exercise period from 26 November 2020 to 26 November 2021 




c.


Price(s) and volume(s)




























Price(s)


Volume(s)








n/a


2,000,000














d.


Aggregated information
- Aggregated Volume
- Price


 
Volume: 2,000,000
Price:  n/a




e.


Date of the transaction


8 October 2020




f.


Place of the transaction


Outside of trading venue




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


Michael Stephen




2


Reason for notification


 
 
 




a.


Position/Status


PDMR
Director of Symphony Environmental Technologies plc




b.


Initial notification/
Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a.


Name


Symphony Environmental Technologies plc 




b.


LEI


N/A




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 financial instrument, type of instrument



Identification Code


Options over Ordinary Shares of 1p each





ISIN: GB0009589168




b.


Nature of the transaction


Extension of option exercise period from 30 March 2021 to 30 March 2022 




c.


Price(s) and volume(s)




























Price(s)


Volume(s)








12.5p


210,000














d.


Aggregated information
- Aggregated Volume
- Price


 
Volume: 210,000
Price:  12.5p




e.


Date of the transaction


8 October 2020




f.


Place of the transaction


Outside of trading venue















 

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