11th Dec 2007 15:25
Symphony Environmental Tech. PLC11 December 2007 11 December 2007 Symphony Environmental Technologies PLC ("the Company") Issue of Equity Symphony Environmental Technologies, the degradable plastics and waste to energygroup, announces that following a request by Headstart Global Fund Limited andHeadstart Global Aggressive Fund Limited (together "Headstart") it has allotted2,288,452 new ordinary shares of 1p each ('the Conversion Shares') at a price of2.375p to Headstart in respect of the conversion of £50,000 nominal ofconvertible redeemable loan notes and £4,350.74 accrued interest, pursuant tothe convertible loan facility agreement referred to in the announcement made bythe Company on 15 December 2006. Application has been made for the Conversion Shares, which will rank pari passuwith the existing ordinary shares in issue, to be admitted to AIM. It isexpected that admission will be effective and dealings in the Conversion Shareswill commence on 18 December 2007. For further information: Symphony Environmental Technologies PlcIan Bristow, Finance Director +44 (0) 20 8207 5900 HB CorporateRod Venables/Rory Creedon: +44 (0) 20 7510 8591 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Symphony Env.