REG - Surface Transforms - Director Dealing

Wam CapitalAnnouncement

30/11/2020 15:24

RNS Number : 9100G
  
Surface Transforms PLC
  
30 November 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")
 
Director Dealing
 
Surface Transforms plc (AIM: SCE) announces that the Company was notified on 30 November 2020 that David Bundred, Chairman of the Company, and his wife sold and repurchased an aggregate 54,072 ordinary shares of 1p each in the Company ("Ordinary Shares") through a Bed and ISA arrangement.
 
Specifically, on 27 November 2020, David Bundred sold a total of 27,036 Ordinary Shares at a price of 46p per Ordinary Share and on the same date repurchased 27,036 Ordinary Shares at a price of 46.1p per Ordinary Share into his ISA fund. On 27 November 2020 his wife Stella Bundred sold 27,036 Ordinary Shares at a price of 46p per Ordinary Share and on the same date re purchased 27,036 shares at a price of 46.1p into her ISA fund
 
Following the above transactions, Mr Bundred remains beneficially interested in 1,310,025 Ordinary Shares amounting to 0.8% of the voting capital of the Company.
 
- Ends -
 
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


David Bundred




2


Reason for notification


 
 
 




a.


Position/Status


PDMR
Chairman




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




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



Identification Code


Ordinary Shares of 1p each





ISIN: GB0002892528




b.


Nature of the transaction


Sale of 27,036 ordinary shares of 1p each in the Company ("Ordinary Shares) where 27,036 Ordinary Shares were immediately repurchased by him through a Bed and ISA arrangement, and 27,036 Ordinary Shares were sold by his wife and immediately re purchased by his wife through a Bed and ISA arrangement..
 




c.


Price(s) and volume(s) 
 
-    Transaction 1 (sale)
 
-    Transaction 2
(purchase)
 
-    Transaction 3
(sale)
 
-    Transaction 4 (sale)
 
 





Price(s)


Volume(s)




46.0p


27,036




46.1p


27,036




46.0p


27,036




46.1p


27,036








d.


Aggregated information
 
-    Transaction 1 (sale)
 
-    Transaction 2
(purchase)
 
-    Transaction 3 (sale)
 
-    Transaction 4 (purchase)
 





Price(s)


Aggregated volume(s)


Aggregated Total




46.0p


27,036


£12,436.56




46.1p


27,036


£12,463.60




46.0p


27,036


£12,436.56




46.1p


27,036


£12,463.60








e.


Date of the transaction


27/11/20




f.


Place of the transaction


London Stock Exchange



 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHFIFSALILIVII