Director Dealing

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.   [phone] 

David Bundred, Chairman

Kevin Johnson, CEO

Michael Cunningham CFO

Zeus Capital Limited (Nominated Advisor and Joint Broker)   [phone]

Dan Bate / David Foreman / Jordan Warburton (Corporate Finance)

Dominic King (Corporate Broking)

finnCap Ltd (Joint-Broker) [phone]

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

 

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