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Share Options
Share Options.
About this update from Symphony Environmental Technologies Plc
[{"type":"text","content":"\n RNS Number : 6351J Symphony Environmental Tech. PLC 01 April 2010 \n \n\n \n \n1st April 2010\n \nSYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC\n \nShare Options\n \n \nSymphony Environmental Technologies Plc (\"Symphony\", the \"Company\" or the \"Group\") announces that the Board, on the recommendation of the Remuneration Committee, granted on 31st March 2010 share options to the Executive Directors of the Company in recognition of the results they have achieved in 2009.\n \nA total of 1,050,000 options over the Company's ordinary 1p shares have been granted and allocated as to Michael Laurier 350,000; Ian Bristow 280,000; Michael Stephen 210,000; and Michael Stephens 210,000.\n \nThe options are exercisable for ten years at 9.125p per ordinary share being the mid market price on 31 March 2010.\n \nContacts:\n \n\n\n\n\nSymphony Environmental Technologies plc\n\n\n\n\n\n\n\nMichael Laurier, CEO\nIan Bristow, FD\n\n\n \nTel: 020 8207 5900\n\n\n\n\n\n\n\n \n\n\n\n\nAllenby Capital Limited\n\n\n\n\n\n\n\nNick Naylor/James Reeve\n \n\n\nTel: 020 3328 5656\n\n\n\n\nThreadneedle Communications\nGraham Herring/Josh Royston\n\n\n \nTel: 020 7653 9850\n\n\n\n\n \nSymbol London. SYM.L\n \nAmerican Depositary Receipts (\"ADR\")\nSymphony ADRs trade in the US on the OTC (Over The Counter) market under the symbol SETPY. The ADR to 1p ordinary share ratio is 1:100 and the CUSIP is 87156K104. BNY Mellon acts as sponsored depositary for Symphony's ADR facility. \n \n \nFurther information on the Symphony Environmental Technologies Group of companies:\n \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. \n \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)...