Director/PDMR Shareholding

RNS Number : 6163Q

Surface Transforms PLC

21 October 2011

 



Surface Transforms plc

("Surface Transforms" or the "Company")

Director Shareholdings

Surface Transforms plc (AIM: SCE) announces that on 19 October 2011, the Company received notification of the following transactions by Professor David Clark (former non-executive director of the Company), and Richard Gledhill and Kevin D'Silva (both existing non-executive directors of the Company):

o Professor David Clark, following the disposal on 19 October 2011 of 150,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at 8.4p per share, is now interested in 829,661 ordinary shares which equates to 2.6 per cent. of the Company's total issued share capital.

o Richard Gledhill, following the purchase on 18 October 2011 of 92,500 Ordinary Shares at 8.6p per share, is now interested in 7,164,723 ordinary shares which equates to 22.5 per cent. of the Company's total issued share capital.

o Kevin D'Silva, following the purchase on 19 October 2011 of 57,500 Ordinary Shares at 9.0p per share, is now interested in 386,496 ordinary shares which equates to 1.2 per cent. of the Company's total issued share capital.

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Enquiries:

Surface Transforms Plc
Dr.Kevin Johnson, CEO	[phone]
David Bundred, Chairman	[phone]
Seymour Pierce Ltd	[phone]
Guy Peters / David Foreman (Corporate Finance)
Paul Jewell (Corporate Broking)

Notes to Editors:

See: www.surface-transform.com

Surface Transforms plc is the UK's leading manufacturer of `next-generation' carbon fibre reinforced ceramic composite materials (CRFCs).It is one of two global manufacturers of carbon ceramic brake discs and the Company's high-performance products are being commercialised with major industry partners, for an expanding range of innovative global applications in automobile brakes, aircraft brakes and rocket components.

 

END

 

 

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