Symphony Environmental Tech. PLC Director/PDMR Shareholding (3962N)
January 17 2019 - 4:54AM
UK Regulatory
TIDMSYM
RNS Number : 3962N
Symphony Environmental Tech. PLC
17 January 2019
17 January 2019
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
(the "Company")
Director/PDMR Shareholdings
On 16 January 2019, Michael Laurier, Chief Executive Officer of
the Company and Michael Stephen, Commercial Director and Deputy
Chairman of the Company, carried out 'Bed and ISA' transfers of
ordinary shares of 1p each in the Company ("Ordinary Shares") from
their share dealing accounts into their respective ISAs.
Michael Stephen also transferred Ordinary Shares to his wife's
ISA.
Details of the transactions are shown in the PDMR notifications
below.
Following the transfers, Michael Laurier remains beneficially
interested in 23,424,510 Ordinary Shares which equates to 15.18 per
cent. of the total issued share capital of the Company and Michael
Stephen remains beneficially interested in 1,352,176 Ordinary
Shares which equates to 0.88 per cent. of the total issued share
capital of the Company. The beneficial holdings of each of Michael
Laurier and Michael Stephen and the respective persons closely
associated with them, are unchanged following these
transactions.
Enquiries
Symphony Environmental Technologies Plc
Michael Laurier, CEO Tel: +44 (0) 20 8207 5900
Ian Bristow, CFO www.symphonyenvironmental.com
Cantor Fitzgerald Europe (Nominated Adviser and Broker)
David Foreman, Richard Salmond, Michael Boot Tel: +44 (0) 20
7894 7000
(Corporate Finance)
Caspar Shand Kydd (Sales)
The notifications below have been submitted to the FCA:
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 Laurier
-----------------------------------------------------------------
2 Reason for notification
------------------------------------- -----------------------------------------------------------------
a. Position/Status PDMR
Chief Executive Officer of Symphony Environmental
Technologies plc
------------------------------------- -----------------------------------------------------------------
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 Ordinary Shares of 1p each
the financial
instrument, type
of instrument ISIN: GB0009589168
Identification
Code
------------------------------------- -----------------------------------------------------------------
b. Nature of the Sale of 265,994 ordinary shares of 1p each
transaction in the Company ("Ordinary Shares") that
were immediately repurchased by Michael
Laurier through a Bed and ISA arrangement
------------------------------------- -----------------------------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
Transaction 1
(Sale)
Transaction 2
(Purchase)
------------------------------------- ---------------------------
GBP0.0750 265,994
GBP0.0752 265,994
-------------------------------------------------------------------------------- ----------------------
d. Aggregated information Price(s) Aggregated Price Aggregated Volume
Transaction 1 GBP0.0750 GBP19,949.55 265,994
(Sale) ------------------ ------------------
Transaction 2 GBP0.0752 GBP20,002.75 265,994
(Purchase) ------------------ ------------------
------------------------------------- -----------------------------------------------------------------
e. Date of the transaction 2019-01-16
------------------------------------- -----------------------------------------------------------------
f. Place of the transaction London Stock Exchange
------------------------------------- -----------------------------------------------------------------
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
Commercial Director and Deputy Chairman
of Symphony Environmental Technologies plc
------------------------------------- -----------------------------------------------------------------
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 Ordinary Shares of 1p each
the financial
instrument, type
of instrument ISIN: GB0009589168
Identification
Code
------------------------------------- -----------------------------------------------------------------
b. Nature of the Sale of 531,888 ordinary shares of 1p each
transaction in the Company ("Ordinary Shares") where
265,944 Ordinary Shares were immediately
repurchased by Michael Stephen through a
Bed and ISA arrangement and 265,944 Ordinary
Shares were purchased by Michael's wife
through a Bed and ISA arrangement.
------------------------------------- -----------------------------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
Transaction 1
(Sale)
Transaction 2
(Purchase (own
ISA))
Transaction 3
(Purchase (wife's
ISA))
------------------------------------- ---------------------------
GBP0.0750 531,888
GBP0.0751 265,944
GBP0.0751 265,944
-------------------------------------------------------------------------------- ----------------------
d. Aggregated information Price(s) Aggregated Price Aggregated Volume
Transaction 1 GBP0.0750 GBP39,891.60 531,888
(Sale) ------------------ ------------------
Transaction 2 GBP0.0751 GBP19,972.39 265,994
(Purchase (own ------------------ ------------------
ISA)) GBP0.0751 GBP19,972.39 265,944
Transaction 3 ------------------ ------------------
(Purchase (wife's
ISA))
------------------------------------- -----------------------------------------------------------------
e. Date of the transaction 2019-01-16
------------------------------------- -----------------------------------------------------------------
f. Place of the transaction London Stock Exchange
------------------------------------- -----------------------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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