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SYM Symphony Environmental Technologies Plc

3.25
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Symphony Environmental Technologies Plc SYM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 3.25 07:40:09
Open Price Low Price High Price Close Price Previous Close
3.25 3.25 3.25 3.25 3.25
more quote information »
Industry Sector
CHEMICALS

Symphony Environmental T... SYM Dividends History

No dividends issued between 24 Apr 2014 and 24 Apr 2024

Top Dividend Posts

Top Posts
Posted at 05/4/2024 16:21 by premium beeks
Yes, it must have been hard to part with all that cash.It usually excites the locals though who say "he must know something", for 2k it's hard to get better share price publicity.Although most have caught on to SYM now. Give it a few weeks, you'll soon join the club.
Posted at 01/4/2024 20:58 by wololol
Interesting Freddie but it's just in lab state at the moment + expensive to recreate so years away from becoming anything likes Syms offering if at all. Curren only SYM have the best patented and approved additives. Revenmnues about to go exponential when India certificate comes in the next few months and Sauidt Arabia pass legislation. Great time to invest when fully funded now.
Posted at 14/3/2024 17:00 by swiss paul
Yikes - should we be worried, Will a horses head be found in Mrs L's bed. Will the CEO end up sleeping with the fishes?

Erm, any chance I can bag part of that 7% please

Extension to Convertible Loan Agreements



Symphony Environmental Technologies Plc (AIM: SYM), global specialists in technologies that make plastic products "smarter, safer and sustainable", is pleased to announce extensions to the two existing £1.0m convertible loan agreements entered into with Sea Pearl Ventures Limited ("Sea Pearl") (together, the "CLAs") from 30 September 2024 to 31 December 2025.



The other key terms of the CLAs, which were originally announced on 13 March 2023 and 18 October 2023 respectively, are unchanged.



The key terms of the updated CLAs are repeated below for completeness:



· CLAs total drawn principal: £1.5 million (unsecured)

· If not repaid on or before 31 December 2025, conversion on that date

· Conversion price: 80% of the volume-weighted average share price for the 3 months prior to 31 December 2025

· Interest: 7% per annum, payable as accrued on repayment and/or conversion

· Repayment of the CLAs, in full or in part solely at Symphony's discretion



Sea Pearl is based in the Bahamas and is currently interested in 17.4% of Symphony's issued share capital. As Sea Pearl is a substantial shareholder, extension of the CLAs is deemed to be a related party transaction pursuant to Rule 13 of the AIM Rules for Companies. Accordingly, the board of directors of the Company consider, having consulted with the Company's nominated adviser, that the extension of the CLAs is fair and reasonable insofar as the Company's shareholders are concerned.
Posted at 13/3/2024 17:09 by swiss paul
Yet more guff being pumped out - nothing about turnover or any moolah.

Symphony Environmental Technologies Plc (AIM: SYM), the global specialist that makes plastic products smarter, safer and more sustainable, wishes to highlight the important 2021 report from the US Environmental Protection Agency ("EPA") confirming that pro-oxidant masterbatches "could significantly reduce the persistence of plastic pollution without creating undesired by-products." See hxxps://cfpub.epa.gov/si/si_public_record_Report.cfm?dirEntryId=353810&Lab=CESER (the "EPA Report")

Unlike other government reports that can be more akin to literature reviews, such as the EU reports, the EPA reported on their own scientific evaluation by "Accelerating Polymer Degradation using Pro-oxidants." The EPA Report notes: "Single use plastics that are commonly used for packaging and service-ware, such as bottles, bags, straws, and wrappers result in land and marine pollution as they break down into microplastics. Blending plastics with pro-oxidants could be a promising solution, as they accelerate photo-oxidation to obtain degradable materials whose final ecological and physical footprint are much smaller."

Ho Ho Ho - Could! FFS
could significantly reduce the persistence of plastic pollution without creating undesired by-products
Posted at 28/12/2023 09:35 by swiss paul
Well get this Nasher. Prime example of goalp[ost being moved:
Symphony Environmental Technologies Plc (AIM: SYM),global specialists in products and technologies that "make plastic and rubber products smarter, safer and more sustainable", announces an extension to the exercise period of options held by the directors of the Company (the "Directors") and certain other option holders.

The Company had previously granted options to purchase 10,191,500 ordinary shares of 1p each in the Company (the "Options") of which 8,441,500 were to certain directors of the Company. The exercise prices of the Options are 4.5 pence and 12.5 pence, so all the Options are below the prevailing price of the Company's ordinary shares. The Options were due to expire on 31 December 2023 but have been extended for practical reasons to 31 December 2024 ("Option Extension"). The Options represent 5.5% of the total issued share capital of the Company.

The extension of the Options granted to Directors is considered a related party transaction pursuant to the AIM rules for companies. Accordingly, the Directors except for the relevant director and the options awarded to him, consider, having consulted with the Company's nominated adviser, that the Option Extension is fair and reasonable insofar as the Company's shareholders are concerned.

See PDMR disclosure tables below for further information. All other terms of the Options remain the same.

do you think it is fair & reasonable?
Posted at 18/10/2023 19:15 by swiss paul
Hmm things are getting bad again - but ...... ta da. A rescue group has been formed and funded.
Mrs Lauriers winter coat fund has been secured - hoooray.

We can all rest in our beds tonight knowing our glorious leaders spouse will not be cold this winter.

All Hail - Sea Pearl

£1.0 million Convertible Loan Agreement

Symphony Environmental Technologies Plc (AIM: SYM), global specialists in technologies that make plastic products "smarter, safer and sustainable", is pleased to announce it has entered into an additional convertible loan agreement ("Loan") with Sea Pearl Ventures Limited ("Sea Pearl").

Key terms of the Loan, are similar to the previous £1.0 million convertible loan announced on 13 March 2023, namely:

· Loan principal: £1.0 million (unsecured) to be drawn down as to £500,000 immediately and £500,000 on or before 31 March 2024

· If not repaid on or before 30 September 2024, conversion on that date

· Conversion price: 80% of the volume-weighted average share price for the 3 months prior to 30 September 2024

· Interest: 7% per annum, payable as accrued on repayment and/or conversion

· Repayment of the Loan, in full or in part solely at Symphony's discretion


The proceeds of the Loan will be used to strengthen the Group's cash position for ongoing working capital purposes and will further support the Group to deliver on its many commercial opportunities.

Also, the current £1.0 million convertible loan, announced on 13 March 2023, has been amended so that the term of that previous loan is now co-terminus with the new Loan, terminating on 30 September 2024.

Sea Pearl is based in the Bahamas, and is currently interested in 17.4% of Symphony's issued share capital. Accordingly, Sea Pearl is considered a substantial shareholder under the AIM Rules and provision of the Loan being a related party transaction. The board of directors of the Company consider, having consulted with the Company's nominated adviser, that the terms of the Loan are fair and reasonable insofar as the Company's shareholders are concerned.


Hmmm - strange that I don't remember agreeing to this being 'fair & reasonable'. Anyone else get tapped up?
Posted at 29/9/2023 11:04 by swiss paul
Interim Results
Symphony Environmental Technologies Plc (AIM: SYM), the global specialist that makes plastic products smarter, safer and sustainable, is pleased to announce its interim financial results for the six-month period ended 30 June 2023 ("H1-2023").

Nothing to see hear c'mon mooove along!
Posted at 26/9/2023 07:20 by z1co
Positive news this morning
Posted at 21/9/2023 09:59 by swiss paul
Leave it on that thread. This is SYM thread.
TIA
Posted at 11/8/2023 10:22 by bbmsionlypostafter mk2
To lose one director in a day is understandable but to lose two looks like carelessness. Of course Symphony Environmental (SYM) says that NED Bob Wigley and Executive director Alexander Brennan, Executive Director, have resigned in order to concentrate on other business opportunities. Companies always say that...

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