REG - Surface Transforms - Director/PDMR Shareholding

Surface TransformsAnnouncement

06/05/2025 11:30

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RNS Number : 5110H  Surface Transforms PLC  06 May 2025

Surface Transforms plc

("Surface Transforms" or "the Company")

PDMR Dealing

 

Surface Transforms plc (AIM: SCE) announces that the Company was notified
on 6(th) May 2025 that Dr. Kevin Johnson, a PDMR, purchased 10,181,122
ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of
0.3757 pence per share on 2(nd) May 2025.

Following the above transaction, Dr. Kevin Johnson is beneficially
interested in 14,945,324 Ordinary Shares representing 1.15% of the total
voting rights of the Company.

Further information is set out in the PDMR Dealing table at the end of this
announcement.

 

For enquiries, please contact:

    Surface Transforms plc                             +44 151 356 2141
    Ian Cleminson, Interim Chairman
    Kevin Johnson CEO

    Zeus (Nominated Adviser and Broker)                +44 203 829 5000
    David Foreman / James Edis (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/)

 

Notification and public disclosure of transactions by Persons Discharging
Managerial Responsibilities ("PDMR") and persons closely associated with them
("PCA")

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014
 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a.  Name                                                         Kevin Johnson
 2   Reason for notification
 a.  Position/Status                                              CEO
 b.  Initial notification/                                        Initial Notification

     Amendment
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a.  Name                                                         Surface Transforms plc
 b.  LEI                                                          213800GQHNJPE5O8XO79
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a.  Description of the financial instrument, type of instrument  Ordinary Shares of 1p each

Identification Code                                         ISIN: GB0002892528
 b.  Nature of the transaction                                    Purchase of shares
 c.  Price(s) and volume(s)                                       Transaction    Price(s)  Volume(s)
                                                                  Kevin Johnson  0.3757p   10,181,122
 d.  Aggregated information                                       Transaction     Price(s)  Aggregated volume(s)  Aggregated Total

                                                            Same as 4 (c )

 e.  Date of the transaction                                      2(nd) May 2025
 f.  Place of the transaction                                     London

d.

Aggregated information

 

 

 Transaction     Price(s)  Aggregated volume(s)  Aggregated Total
 Same as 4 (c )

e.

Date of the transaction

2(nd) May 2025

f.

Place of the transaction

London

 

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