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.   +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

 

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END
 
 
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