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RNS Number : 8571L
Symphony Environmental Tech. PLC
18 May 2022
18 May 2022
Symphony Environmental Technologies plc
("Symphony" or the "Company")
Appointment of Executive Director
Symphony Environmental Technologies plc (AIM: SYM), global
specialists in technologies that make plastic and rubber products
smarter, safer and more sustainable, is pleased to announce that
The Hon. Alexander Brennan will be appointed as an Executive
Director of the Company with immediate effect.
Alexander has nearly two decades' experience of delivering
growth for businesses in the UK and internationally, both as
principal and adviser. Alexander founded Brennan & Partners in
2016, a UK-headquartered consultancy, providing business
development advisory services for UK and international clients. In
his capacity as CEO of Brennan & Partners, he has provided
business development advisory services to Symphony since February
2019.
Prior to founding Brennan & Partners, Alexander was CEO of a
global infrastructure investment business, building upon five years
of international sales and business development experience with De
La Rue plc. Alexander began his career at Slaughter and May, where
he practised as a corporate lawyer for several years. Alexander is
also an independent non-executive director of Big Technologies
plc.
Alexander will join Symphony on a part time basis, focusing on
customer engagement, marketing and corporate matters.
Michael Laurier, Chief Executive Officer, commented:
" I am delighted that Alexander is joining the Board at this
pivotal moment. We are engaged with several high-level discussions
and negotiations and Alexander brings his entrepreneurial skills
and network of international relationships at an important time in
the commercial development process. On behalf of the Board, we look
forward to welcoming Alexander."
In accordance with Schedule 2(g) of the AIM Rules for Companies,
Alexander Manuel Philip Martin Brennan (aged 42) holds, or has held
in the past five years, the following directorships and
partnerships:
Current Directorships Directorships held in last
5 years
Brennan & Partners Limited 38 Draycott Place Freehold Company
Limited
Big Technologies plc
Alexander holds no ordinary shares in the Company ("Ordinary
Shares") but has options over an aggregate 1,750,000 Ordinary
Shares that were granted to him previous to this appointment to the
Board, and in respect of his consultancy services provided to the
Company.
The terms of these options are set out below:
Number of shares Exercise price Grant date Expiry date
under option
1,000,000 30 pence 14 Sept 2020 14 Sept 2023
250,000 25 pence 03 May 2022 03 May 2025
500,000 30 pence 03 May 2022 03 May 2025
There is no further information on Alexander Brennan required to
be disclosed under Schedule Two, paragraph (g) of the AIM Rules for
Companies.
Enquiries
+44 (0) 20 8207
Symphony Environmental Technologies Plc 5900
Michael Laurier, CEO
Ian Bristow, CFO
www.symphonyenvironmental.com
+44 (0) 203
Zeus (Nominated Adviser and Joint Broker) 829 5000
David Foreman / Kieran Russell / Guy Brinkley
(Investment Banking)
Dominic King / Victoria Ayton (Corporate Broking)
Hybridan LLP (Joint Broker) +44 (0) 203
Claire Louise Noyce 764 2341
NOTES TO EDITORS:
About Symphony Environmental Technologies plc
Symphony Environmental is a world-leading developer of
technologies that reduce plastic pollution by turning ordinary
plastic into biodegradable materials at the end of its service
life, leaving no microplastics or toxic residues. Distributed in
nearly 100 countries, the d2w(R) logo has appeared on thousands of
tonnes of plastic products for over twenty years.
Symphony has also developed a range of additives, concentrates
and masterbatches marketed under its d2p(R) ("designed to protect")
trademark, 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, viruses, 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.
Symphony was named 'ESG Company of the Year' for outstanding
global achievements in environmental objectives at the 2021 Small
Cap Awards in London, an accolade that accompanies its 'Green
Economy Mark' presented by the London Stock Exchange to listed
companies that derive 50% or more of their activity from the Green
Economy.
Further information can be found at
www.symphonyenvironmental.com
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