Surface Transforms PLC Correction: Exercise of Options (6280P)
18 Febrero 2021 - 09:15AM
UK Regulatory
TIDMSCE
RNS Number : 6280P
Surface Transforms PLC
18 February 2021
Correction: The Exercise of Options announcement published
earlier today (RNS number 5647P) included an incorrect date of
Admission in the description. This should have read 24 February
2021 and is corrected below. All other details of the announcement
remain the same.
Surface Transforms plc
("Surface Transforms" or the "Company")
Exercise of Options
Surface Transforms (AIM: SCE) announces that the Company was
notified on 16 February 2021 that an employee, who is not a PDMR,
has exercised options over a total of 20,000 ordinary shares of 1p
each in the Company ("Ordinary Shares"). The shares were exercised
at a price of 13p 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 20,000 new Ordinary Shares to be
admitted to trading on AIM and dealings are expected to commence at
8.00 a.m. on 24 February 2021. Following Admission, the total
number of voting rights in the Company will be 195,038,319 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
David Foreman / Dan Bate/ 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)
About Surface Transforms
Surface Transforms plc. (AIM:SCE) develop and produce 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 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.
For additional information please visit
www.surfacetransforms.com
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
IOEEASAPFEEFEFA
(END) Dow Jones Newswires
February 18, 2021 10:15 ET (15:15 GMT)
Surface Transforms (LSE:SCE)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Surface Transforms (LSE:SCE)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024