Business
Court Approval of Capital Reduction
Court Approval of Capital Reduction.
About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n \nRNS Number : 4131Z Symphony Environmental Tech. PLC 15 December 2017 \n\n \n\n\n\n\n \n \n\n\n \n15 December 2017\n \n \n\n\n\n\nSYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC\n \nCourt Approval of Capital Reduction \n \n \nThe Board of Symphony Environmental Technologies plc (AIM: SYM) (the \"Company\") is pleased to announce that the High Court has confirmed the cancellation of the Company's share premium account as set out in the Circular issued on 19 October 2017, with the appropriate documents having been filed at Companies House.\n \n \nFor further information, contact:\nContacts\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, FD\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCantor Fitzgerald Europe\n\n\n\n\n\n\n\nDavid Foreman / Callum Butterfield (Corporate Finance)\n\n\nTel: +44 (0) 20 7894 7000\n\n\n\n\nAlex Pollen (Sales)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNOTES TO EDITORS:\n \nAbout Symphony Environmental Technologies plc\n \nSymphony has developed and continues to develop, controlled-life plastic technology which helps tackle the problem of microplastics by turning ordinary plastic at the end of its service-life into biodegradable materials. It is then no longer a plastic and can be bioassimilated in the open environment in the same way as a leaf. 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. In some countries oxo-biodegradable plastic is mandatory. For a video of d2w® plastic degrading see https://www.youtube.com/watch?v=tQ7ce532BBM\n \nIn addition, Symphony has developed a range of additives, concentrates and master-batches marketed under its d2p® brand, which can be incorporated in a wide variety of plastic and non-plastic products so as to give them protection against many different types of bacteria, fungi, algae, moulds, insects and fire.\n \nSymphony has also developed the d2Detector®, a portable device which analyses plastics and detects counterfeit products. This will be very useful to government officials tasked with enforcing legislation. Symphony's d2t tagging and tracer technology is also available for further ...