Business
AGM Statement
AGM Statement.
About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n\n\n \n28 June 2024\n \nSYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC\n(\"Symphony,\" the \"Company\" or the \"Group\")\n \nAGM Statement\n \nSymphony Environmental Technologies Plc (AIM:SYM), the global specialists in technologies that make plastic and rubber products smarter, safer and more sustainable, is pleased to provide the following update prior to its Annual General Meeting (\"AGM\") to be held today at 11.00 am.\n \nAt the AGM Nicolas Clavel, Chairman of Symphony, will make the following statement:\n \nI am pleased to report that trading continues in line with our recent statements.\nThe Group is focused on accelerating the commercialisation of several projects whilst refining costs.\nI would like to re-emphasise that many of these opportunities are significant and with continuing positive conversations, trials and other factors, the Board have confidence that these will be converted in the short to medium term. The 2024 outlook, and beyond, is showing a positive commercial position for the Group and pleasingly is across all of our main d2w and d2p technology offerings.\nIn summary therefore, having recently raised equity to strengthen the balance sheet and with positive progress being made with our host of pipeline projects, the Board look to the future with optimism.\n \nEnquiries\n \n\n\n\n\nSymphony Environmental Technologies Plc\n\n\n\n\n\n\n\nMichael Laurier, CEO\n\n\nTel: +44 (0) 20 8207 5900\n\n\n\n\nIan Bristow, CFO\n\n\n\n\n\n\n\nwww.symphonyenvironmental.com\n\n\n\n\n\n\n\nZeus (Nominated Adviser and Broker)\n\n\n\n\n\n\n\nDavid Foreman / Alexandra Campbell-Harris (Investment Banking)\n\n\nTel: +44 (0) 203 829 5000\n\n\n\n\nDominic King (Corporate Broking)\n\n\n \n\n\n\n\n \nNOTES TO EDITORS:\n \nAbout Symphony Environmental Technologies plc\nwww.symphonyenvironmental.com\n \nd2w TECHNOLOGY\nSymphony has developed 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. See https://www.symphonyenvironmental.com/why-biodegradable/ The technology is branded d2w® and appears ...