Equity Subscription

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is considered to be in the public domain.

SYMPHONY ENVIRONMENTAL TECHNOLOGIES PLC

("Symphony", the "Group" or the "Company")

Equity subscription raising £2.5 million and

total voting rights

Symphony Environmental Technologies Plc (AIM: SYM), the global specialist that makes plastic and rubber products "smarter, safer and sustainable", is pleased to announce that it has raised £2.5 million pursuant to an equity subscription for 12,500,000 new ordinary shares of nominal value 1 pence each in the Company ("Ordinary Shares") by Quantum Leap Capital ("Quantum") based in Vermont, USA (the "Subscription").

The subscription price is 20 pence per Ordinary Share ("Subscription Price") and upon completion of the Subscription, Quantum will be interested in 5.26 per cent. of the enlarged issued share capital of the Company.

The Subscription will complete in two tranches: Tranche A being for 1,250,000 Ordinary Shares and Tranche B for 11,250,000 Ordinary Shares. The Tranche A Ordinary Shares are expected to be admitted to trading on AIM on or around 12 May 2025 ("First Admission") and the Tranche B Ordinary Shares, on or around 9 June 2025 ("Second Admission").

The new Ordinary Shares issued pursuant to the Subscription will rank in full for all dividends or other distributions hereafter declared, made or paid on the ordinary share capital of the Company and will rank pari passu in all other respects with all other Ordinary Shares in issue.

Total Voting Rights

Following First Admission, the total issued share capital of the Company will be 226,349,120 Ordinary Shares. The Company does not hold any shares in treasury and therefore the total number of voting rights in Symphony will be 226,349,120.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules up until Second Admission.

Following Second Admission, the total issued share capital of the Company will be 237,599,120 Ordinary Shares. The Company does not hold any shares in treasury and therefore the total number of voting rights in Symphony will be 237,599,120.

Use of proceeds

The proceeds of the Subscription will be used for ongoing working capital purposes and Symphony's continuing market development in a range of core complementary technologies. In particular, the Group will contract with GCC Support Services a marketing and advisory organisation which has experience working at high levels with governmental and commercial organisations, to invest in the Middle East region over the next twelve months to:

(a) market and sell Symphony's d2w, d2p, and NbR (natural biodegradable resin) products;

(b) devise and execute a public relations and media campaign specifically for the region;

(c) lobby for positive legislation in the region; and

(d) work with Symphony on strategic developments in the region.

Michael Laurier, CEO of Symphony said, "I am very pleased to welcome Quantum Leap Capital as a material shareholder in the Group and look forward to exploring new opportunities through their extended network to help expand and accelerate the global adoption of our many technologies. I am also pleased to be working with GCC Support Services in what is one of our main markets, the Middle East."

Enquiries:

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

https://www.symphonyenvironmental.com

Symphony has a diverse and growing customer-base and has established itself as an international business with over 70 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 founder-member of The BPA (www.biodeg.org) and 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 Group can be found at https://www.symphonyenvironmental.com and X

 @SymphonyEnv. See also Symphony on Instagram.

D2W TECHNOLOGY

Symphony has developed over 25 years a biodegradable plastic technology which addresses the problem of persistent microplastics, by turning ordinary plastic at the end of its service-life into a waxy substance which is biodegradable. It is then no longer a plastic and can be bioassimilated in the open environment in a similar way to a leaf without leaving microplastics behind. 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, much of which has been recycled. In some countries, oxo-biodegradable plastic is mandatory for short-life plastic products.

D2P TECHNOLOGY

Symphony has also developed practical and cost-effective ways to upgrade plastic products to provide protection against bacteria, viruses, fungi, insects, odours and fire. See www.d2p.net.

NbR TECHNOLOGY

First developed by Symphony in 2011, NbR is made with natural minerals to reduce the amount of fossil-derived polyethylene or polypropylene used for making plastic products. The products will also biodegrade safely in nature without leaving microplastics if they escape recycling and end up as litter in the open environment.

When NbR is used instead of normal polythene or polypropylene resins it will reduce the amount of fossil-derived plastic in the product by 20%, as well as cutting CO2 emissions.