Symphony Environmental Embraces New Chapter with Shareholding Transfer and CLA Assignments

Symphony Environmental Technologies Plc (AIM:SYM), the fervent global specialists in environmentally friendly tech for plastic and rubber products, announces a notable shakeup. Its journey with Sea Pearl Ventures has reached an exciting new chapter as the latter transfers its shareholding in Symphony to its parent company, SESR Investments. As a result of this transition, SESR now boasts a commanding 46,526,953 shares in Symphony, which represent a solid 20.67% of the issued share capital.

However, this isn’t all that’s making headlines. Symphony has also received notice of assignment for Convertible Loan Agreements between them and Sea Pearl. These are the initial CLA dated 9 March 2023 and the second one dated 16 October 2023. All rights and obligations under these CLAs now belong to Sea Pearl’s parent, SESR, effective as of 5 April 2025. As the mantle shifts, the terms of the CLAs remain unaltered, ensuring continuity.