Symphony Environmental Tech. PLC Result of AGM (0792Y)

TIDMSYM

RNS Number : 0792Y

Symphony Environmental Tech. PLC

03 May 2019

 
 
     3 May 2019 
 

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

Result of AGM

("Symphony" or the "Company")

Symphony Environmental Technologies plc (AIM: SYM) announces that all resolutions put to shareholders at the Company's Annual General Meeting ("AGM") held today, were duly passed.

A summary of the votes lodged by proxy at the AGM is set out below:

 
 Resolution                       In Favour              Against           Number   Total votes 
                                                                         of votes          cast 
                                                                          witheld 
                                  Number        %   Number of       % 
                                of votes                votes 
                            ------------  -------  ----------  ------ 
      That the Company's 
       annual report 
       and accounts 
       for the year 
       ended 31 December 
       2018 together 
       with the reports 
       of the Directors 
       and auditors 
       be received 
 1     and adopted            36,298,491    98.59     518,652    1.41           0    36,817,143 
     ---------------------  ------------  -------  ----------  ------  ----------  ------------ 
      That Ian Bristow 
       be re-elected 
       as a Director 
 2     of the Company         36,807,143    99.97      10,000    0.03           0    36,817,143 
     ---------------------  ------------  -------  ----------  ------  ----------  ------------ 
      That Michael 
       Stephen be 
       re-elected 
       as a Director 
 3     of the Company         36,807,143    99.97      10,000    0.03           0    36,817,143 
     ---------------------  ------------  -------  ----------  ------  ----------  ------------ 
      That Mazars 
       LLP be re-appointed 
       as the Company's 
       auditors and 
       to .approve 
 4     their remuneration     36,794,809    99.94      22,334    0.06           0    36,817,143 
     ---------------------  ------------  -------  ----------  ------  ----------  ------------ 
      That the Directors 
       be authorised 
       to allot securities 
       in accordance 
       with section 
       551 of the 
       Companies Act 
 5     2006                   36,807,143    99.97      10,000    0.03           0    36,817,143 
     ---------------------  ------------  -------  ----------  ------  ----------  ------------ 
      That the Directors 
       be authorised 
       to allot securities 
       otherwise than 
       on a pre-emptive 
 6*    basis                  36,749,143    99.83      61,000    0.17       7,000    36,810,143 
     ---------------------  ------------  -------  ----------  ------  ----------  ------------ 
      That the Company 
       be authorised 
       to purchase 
       the Company's 
       own ordinary 
       shares and 
       to hold shares 
 7*    in treasury            36,278,991    98.56     528,652    1.44       9,500    36,807,643 
     ---------------------  ------------  -------  ----------  ------  ----------  ------------ 
 

* Special Resolution

Notes

   --      A vote withheld is not a vote in law and does not count in the total of votes cast. 

-- Any proxy appointments which gave discretion to the chairman of the meeting have been included in the "for" total.

-- The issued share capital of the Company eligible to vote on resolutions was 154,569,377 Ordinary Shares of 1p each.

Enquiries

 
 Symphony Environmental Technologies 
  Plc 
 Michael Laurier, CEO                         Tel: [phone] 
                                               5900 
 Ian Bristow, CFO 
 www.symphonyenvironmental.com 
 
 Cantor Fitzgerald Europe 
 David Foreman, Richard Salmond, Michael      Tel: [phone] 
  Boot (Corporate Finance)                     7000 
 Caspar Shand Kydd, Gregor Paterson (Sales) 
 
 

The person responsible for arranging the release of this information is Michael Laurier, CEO of the Company.

NOTES TO EDITORS:

About Symphony Environmental Technologies plc

Symphony 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(R) and appears as a droplet logo on many thousands of tonnes of plastic packaging and other plastic products around the world. In some countries, most recently Saudi Arabia, oxo-biodegradable plastic is mandatory.

In addition, Symphony has developed a range of additives, concentrates and master-batches marketed under its d2p(R) 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, and insects, and against fire. d2p products also include odour, moisture and ethylene adsorbers as well as other types of food-preserving technologies. We have also launched d2p anti-microbial household gloves and toothbrushes, and are developing a range of other d2p finished products for retail sale.

Symphony has also developed the d2Detector(R), a portable device which analyses plastics and detects counterfeit products. This is useful to government officials tasked with enforcing legislation, and Symphony's d2t tagging and tracer technology is available for further security.

Symphony has a diverse and growing customer-base and has established itself as an international business with 74 distributors around the world. Products made with Symphony's plastic technologies are now available in nearly 100 countries and in many different product applications. Symphony itself is accredited to ISO9001 and ISO14001.

Symphony is a member of The Oxo-biodegradable Plastics Association (www.biodeg.org) (OPA), the Society for the Chemical Industry (UK), and the Pacific Basin Environmental Council. Symphony is also a strategic partner of the Commonwealth Business Initiative, and actively participates in the Committee work of the British Standards Institute (BSI), the American Standards Organisation (ASTM), the European Standards Organisation (CEN), and the International Standards Organisation (ISO).

Further information on the Symphony Group can be found at www.symphonyenvironmental.com and twitter @SymphonyEnv See also Symphony on Instagram. A Symphony App is available for downloading to smartphones.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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May 03, 2019 09:52 ET (13:52 GMT)