Business
Completion of reorganisation
Completion of reorganisation.
About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n RNS Number : 5639O Symphony Environmental Tech. PLC 30 June 2010 \n \n\n \n \n\n\n\n\n\n\n\n30 June 2010\n\n\n\n\n \nSYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC\n \n \nReorganisation\n \nThe Board of Symphony Environmental Technologies plc (the \"Company\") is pleased to announce that the High Court has confirmed the cancellation of the Company's share premium account in the manner announced on 29 April 2010. As a result, it is anticipated that the proposed restructure of the Company's balance sheet will be completed on 1 July 2010.\n \nFull details relating to the capital reduction are set out in the circular dated 29 April 2010.\n \nContacts\n \n\n\n\n\nSymphony \n\n\nTel: 020 8207 5900\n\n\n\n\nMichael Laurier, CEO\n\n\n\n\n\n\n\nIan Bristow, FD\n \n\n\n\n\n\n\n\nAllenby Capital Limited\n\n\nTel: 020 3328 5656\n\n\n\n\nNick Naylor/Alex Price\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThreadneedle Communications\n\n\nTel: 020 7653 9850\n\n\n\n\nGraham Herring / Alex White \n\n\n\n\n\n\n\n \n \n \nFurther information on the Symphony Environmental Technologies Group of companies:\nSYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC considers itself a world leader in Controlled-life plastic technology and products - a system that works by a process called oxo-biodegradation. The technology is branded d2w® and appears as a droplet logo on many thousands of tonnes of plastic packaging and other plastic products. \nSymphony has a diverse and growing customer-base and has established itself successfully as an international business. Products made with d2w plastic technology can now be found in more than 90 countries around the world and in many different product applications. Symphony is a member of the Oxo-biodegradable Plastics Association (www.biodeg.org), the Society for the Chemical Industry (UK), and the American Standards Organisation (ASTM). Symphony is also a member of the European Organisation for Packaging & the Environment (Europen), the US Save the Plastic Bag Coalition and the British Brands Group. Symphony actively participates in the work of the British Standards Institute (BSI) and the European Standards Organisation (CEN).\nSymphony also owns the trademark d2p for an anti-microbial technology that is used in most type of plastic pr...