Exercise of Options and Total Voting Rights

Surface Transforms PLC

26 June 2023

 

26 June 2023

Surface Transforms plc

("Surface Transforms" or the "Company")

Exercise of Options and Total Voting Rights

Surface Transforms (AIM: SCE) announces that the Company was notified on 26 June 2023 that an employee, who is not a PDMR, has exercised options over a total of 40,000 ordinary shares of 1p each in the Company ("Ordinary Shares"). 20,000 shares were exercised at a price of 14.5p per Ordinary Share and 20,000 shares were exercised at a price of 15.25p 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 40,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 30 June 2023. Following Admission, the total number of voting rights in the Company will be 241,733,233 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 [phone]  David Bundred, Chairman Kevin Johnson, CEO Michael Cunningham, CFO Zeus (Nominated Adviser and Joint Broker)  [phone]  David Foreman / Dan Bate / James Edis (Investment Banking) Dominic King (Corporate Broking) finnCap Ltd (Joint Broker) [phone] Ed Frisby / Abigail Kelly (Corporate Finance) Andrew Burdis / Barney Hayward (ECM)

For further Company details, visit www.surfacetransforms.com

 

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