REG - Surface Transforms - Director Dealing

Surface TransformsAnnouncement

06/10/2020 15:00

RNS Number : 2754B
  
Surface Transforms PLC
  
06 October 2020
  
 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
 
Surface Transforms plc
("Surface Transforms" or the "Company")
 
Exercise of Options and Director Dealing
 
 
Surface Transforms (AIM: SCE) announces that Mr David Bundred, Chairman of the Company, has exercised options over a total of 300,000 ordinary shares of 1p each in the Company ("Ordinary Shares").
 
Following the exercise Mr. Bundred is beneficially interested in 1,310,025 Ordinary Shares amounting to 0.8% of the voting capital of the Company.
 
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 has been made for the 300,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 12 October 2020. Following Admission, the total number of voting rights in the Company will be 154,898,319 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 Capital Limited (Nominated Advisor and Joint Broker)   +44 203 829 5000
 
Dan Bate / David Foreman / Jordan Warburton (Corporate Finance)
Dominic King (Corporate Broking)
finnCap Ltd (Joint-Broker)                                                              +44 20 7220 0500
Ed Frisby / Giles Rolls (Corporate Finance)

Richard Chambers (ECM) 
For further Company details, visit 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


Mr David George Bundred




2


Reason for notification


 
 
 




a.


Position/Status


PDMR




b.


Initial notification/
Amendment


Initial Notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a.


Name


Surface Transforms plc




b.


LEI


213800GQHNJPE5O8XO79








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



Identification Code


Ordinary Shares of 1p each





ISIN: GB0002892528




b.


Nature of the transaction


Exercise of Options for Ordinary Shares in the Company
 




c.


Price(s) and volume(s) 
-    Transaction 1 (Purchase)
 
 





Price(s)


Volume(s)




8.3p


300,000








d.


Aggregated information
-    Transaction 1
(purchase)
 





Price(s)


Aggregated volume(s)


Aggregated Total




8.3p


300,000


£24,900








e.


Date of the transaction


06/10/2020




f.


Place of the transaction


London Stock Exchange



 

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