REG - Surface Transforms - Change from interim to permanent CFO

Surface TransformsAnnouncement

19/09/2025 07:00

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RNS Number : 9606Z  Surface Transforms PLC  19 September 2025

Surface Transforms plc

("Surface Transforms" or the "Company")

 

Change from interim to permanent Chief Financial Officer

 

Surface Transforms (AIM:SCE), manufacturers of carbon fibre reinforced ceramic
automotive brake discs, is pleased to announce that Steven (Steve) Harrison
has agreed to become permanent Chief Financial Officer ("CFO") and join the
board of directors with immediate effect, having originally assumed the role
as Interim CFO (non-PLC board) on 17 March 2025.

 

Steve brings over two decades of experience in senior finance roles, having
held CFO positions within both public and private companies, in the UK and
internationally. His career encompasses a wide range of expertise, including
leading two successful AIM IPOs, multiple secondary placings, M&A
transactions, and business transformation projects.

 

He joins Surface Transforms from Aurorium, a private equity-backed global
manufacturer of specialty chemicals, where he most recently served as Interim
European CFO. Prior to this, Steve has held roles at Saietta Group, JATO
Dynamics, IAG, Waterlogic, Avis Europe and Menzies Aviation. Steve qualified
as a Chartered Accountant with Deloitte in 1995.

 

Kevin Johnson, CEO:

 

"We are delighted to welcome Steve to the Board as CFO. Steve has already
demonstrated his expertise in ensuring financial stability and implementing
operational excellence within the business. He brings a wealth of experience
in risk management, investor relations and strategic leadership and will play
a pivotal role in guiding the Company through its next phase of growth."

 

Steve Harrison, CFO:

 

"Since joining in March, I've been delighted to see a Company with a clear
strategy, moving in a direction towards an exciting future. It's a pleasure to
become a permanent member of a team with the passion and dedication to realise
that strategy. "

 

 

Additional disclosures required under the AIM Rules for Companies

 

Pursuant to Rule 17 and Schedule Two Paragraph (g) of the AIM Rules for
Companies, Steven Joseph Harrison, age 56, owns 512,676 ordinary shares in the
Company, representing approximately 0.04% of the total issued share capital of
the Company. During the last five years, Steve has been a director or partner
of the following companies and partnerships:

 

 Current directorships or partnerships  Previous directorships or partnerships held within the last 5 years

 Fam6 Limited                           Saietta Group plc

                                        Saietta LDE Limited

                                        Saietta Sunderland Plant Limited

                                        Propel B.V.

                                        Saietta Holding B.V.

                                        Saietta Traction Holdings B.V.

                                        Saietta RetroMotion B.V.

                                        Saietta Europe B.V.

                                        Jato Dynamics Inc.

 

Steve was a director of Saietta Group plc from 22 April 2021 to 1 December
2023 and its wholly owned UK subsidiaries Saietta LDE Limited and Saietta
Sunderland Plant Limited from 29 September 2022 to 1 December 2023, and its
wholly owned Netherlands subsidiaries Propel B.V., Saietta Holding B.V.,
Saietta Traction Holdings B.V., Saietta RetroMotion B.V., and Saietta Europe
B.V. from 12 November 2021 to 1 December 2023 (together, "the Saietta Group").

 

Within 12 months of Steve's resignation as a director, each of the companies
comprising the Saietta Group entered into administration on 4 March 2024. The
administration processes for each individual company of the Saietta Group are
at different stages but in respect of Saietta Group plc, the administrators
state in their administrator's progress report filed at Companies House on 12
April 2025, that a distribution to the non-preferential creditors is
anticipated to be made, with the process moving into a Creditors Voluntary
Liquidation before 3 March 2026, being the automatic end of the administration
process.

 

 

For enquiries, please contact:

 

    Surface Transforms plc                                              +44 151 356 2141
    Kevin Johnson, CEO

    Steve Harrison, CFO

    Zeus (Nominated Adviser and Broker)                                 +44 203 829 5000
    David Foreman / James Edis / Ed Beddows (Investment Banking)
    Dominic King (Corporate Broking)

 

About Surface Transforms

Surface Transforms plc. (AIM:SCE) develops and produces carbon‐ceramic
material automotive brake discs. The Company is the UK's only manufacturer
of carbon‐ceramic brake discs, and only one of two mainstream carbon ceramic
brake disc companies in the world, serving customers that include major OEMs
in the global automotive markets.

The Company utilises its proprietary next generation Carbon Ceramic Technology
to create lightweight brake discs for high‐performance road and track
applications for both internal combustion engine cars and electric vehicles.
While competitor carbon‐ceramic brake discs use discontinuous chopped carbon
fibre, Surface Transforms interweaves continuous carbon fibre to form a 3D
matrix, producing a stronger and more durable product with improved heat
conductivity compared to competitor products; this reduces the brake system
operating temperature, resulting in lighter and longer life components with
superior brake performance. These benefits are in addition to the benefits of
all carbon‐ceramic brake discs vs. iron brake discs: weight savings of up to
70%, longer product life, consistent performance, reduced brake pad dust and
corrosion free.

The Company holds the London Stock Exchange's Green Economy Mark.

For additional information please visit www.surfacetransforms.com
(http://www.surfacetransforms.com/)

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