Symphony Environmental Technologies Plc share price, company news, analysis and interviews

Symphony Environmental Technologies Plc (LON:SYM), global specialists in technologies that make plastic and rubber products “smarter, safer and sustainable”, has announced receipt of a convertible loan from Sea Pearl Ventures Limited, based in the Bahamas. Key terms of the Loan are: ·      Loan principal: £1 million (unsecured) ·      If not repaid before expiration, conversion at 1 year and 30 days (no earlier) ·      Conversion price: 80% of the volume-weighted average share price for the 3 months prior to conversion at 1 year and 30 days ·      Interest: 7% per annum, payable as accrued on repayment and/or conversion ·      Symphony able to repay the loan in full or in part before conversion

Symphony Environmental Technologies Plc (LON:SYM), the global specialist in technologies that make plastic and rubber products smarter, safer and more sustainable, has announced that its USA distributor of d2w biodegradable plastics technology for nutritional supplement bottles, Better Earth LLC has signed an exclusive supply agreement with TricorBraun for its BioBottles™ brand of polyethylene bottles for the nutraceutical industry. TricorBraun is a global packaging company, and North America’s largest distributor of primary packaging. It operates from more than 100 locations across the Americas, Europe, Asia, and Australia. TricorBraun sold over 8 billion containers in 2022 and is working jointly with Better Earth, supporting

Symphony Environmental Technologies Plc (LON:SYM) global specialists in technologies that make plastic and rubber products “smarter, safer and sustainable”, has announced a trading update for the year ending 31 December 2022, subject to final deliveries to be shipped before year-end and completion of the audit. Group revenue for FY-22 is expected to be approximately £6.5 million (2021: £9.2 million). This follows, as previously advised, a soft first half of the year with results affected by short term logistics and resource issues, temporary destocking issues, and a change to our glove strategy. Whilst the second half of the year has been stronger, the Middle

Symphony Environmental Technologies Plc (LON:SYM), the global specialists in technologies that make plastic and rubber products smarter, safer and more sustainable, has announced it had progressive and advanced engagement with potential customers and possible strategic suppliers at the recent K Show. The K Show is the world’s largest plastic and rubber trade fair and was held in Düsseldorf, Germany from 19th to 26th October 2022. The K Show, held every three years, convenes leading suppliers and innovators from the international plastics and rubber industry. Illustrating the scale of the business development opportunity attending this event represents for the Company, the (previous) 2019 edition of