Director/PDMR Shareholding

RNS Number : 3272K

Surface Transforms PLC

06 July 2017

 

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 6 July 2017 that David Bundred, Chairman of the Company, sold a total of 249,376 ordinary shares of 1p each in the Company ("Ordinary Shares) at a price of 16p per Ordinary Share where 124,688 Ordinary Shares were immediately repurchased by him at a price of 16.02p per share through a Bed and ISA arrangement, while 124,688 Ordinary Shares were purchased by his wife at a price of 16.02p per share through a Bed and ISA arrangement.

Following the above transaction, Mr. Bundred remains beneficially interested in 733,341 Ordinary Shares which equates to approximately 0.81 per cent. of the Company's total issued share capital.

- Ends -

For enquiries, please contact:

Surface Transforms plc
Kevin Johnson, CEO	[phone]
David Bundred, Chairman	[phone]
Cantor Fitzgerald Europe (Nomad & Joint-Broker)	[phone]
David Foreman, Michael Reynolds (Corporate Finance) Alex Pollen (Sales)
FinnCap Ltd (Joint-Broker)	[phone]
Stephen Norcross / Nikita Jain (Corporate Broking) Ed Frisby / Giles Rolls (Corporate Finance)

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	N/A
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 249,376 ordinary shares of 1p each in the Company ("Ordinary Shares) where 124,688 Ordinary Shares were immediately repurchased by him through a Bed and ISA arrangement, while 124,688 Ordinary Shares were purchased by his wife through a Bed and ISA arrangement.
c.	Price(s) and volume(s) -    Transaction 1 (sale) -    Transaction 2 (purchase) -    Transaction 3 (purchase)	Price(s) Volume(s) 16.00p 249,376 16.02p 124,688 16.02p 124,688
d.	Aggregated information -    Transaction 1 (purchase) -    Transaction 2 (sale) -    Transaction 3 (purchase)	Price(s) Aggregated volume(s) Aggregated Total 16.00p 249,376 £39,900.16 16.02p 124,688 £19,975.02 16.02p 124,688 £19,975.02
e.	Date of the transaction	2017-07-06
f.	Place of the transaction	London Stock Exchange

 

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