22nd Apr 2008 11:13
Symphony Environmental Tech. PLC22 April 2008 22 April 2008 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 allotted3,446,037 new ordinary shares of 1p each ('the Conversion Shares') at a price of1.6625p to Headstart in respect of the conversion of £50,000 nominal ofconvertible redeemable loan notes and £7,290.36 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 30 April 2008. For further information: Symphony Environmental Technologies Plc Ian Bristow, Finance Director +44 (0) 20 8207 5900 HB Corporate Rod 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.