REG - Surface Transforms - Exercise of Options

Surface TransformsAnnouncement

09/11/2022 16:45

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RNS Number : 8861F  Surface Transforms PLC  09 November 2022

9 November 2022

Surface Transforms plc

("Surface Transforms" or the "Company")

 

Exercise of Options

 

Surface Transforms (AIM: SCE) announces that the Company was notified on 9
November 2022 that 3 employees, who are not PDMRs, have exercised options over
a total of 60,000 ordinary shares of 1p each in the Company ("Ordinary
Shares"). The shares were exercised at a price of 15.25p per Ordinary Share.

 

Admission and Total Voting Rights

 

The new Ordinary Shares will, when issued, rank pari passu in all respects
with the existing Ordinary Shares of the Company. Application will be made for
the 60,000 new Ordinary Shares to be admitted to trading on AIM and dealings
are expected to commence at 8.00 a.m. on 15 November 2022. Following
Admission, the total number of voting rights in the Company will be
240,379,900 and shareholders may use this figure as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.

For enquiries, please contact:

 Surface Transforms plc                         +44 151 356 2141
 David Bundred, Chairman
 Kevin Johnson, CEO
 Michael Cunningham, CFO

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

 finnCap Ltd (Joint Broker)                     +44 20 7220 0500
 Ed Frisby / Abigail Kelly (Corporate Finance)
 Andrew Burdis / Barney Hayward (ECM)

For further Company details, visit www.surfacetransforms.com

 

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