Exercise of options

RNS Number : 2426T

Surface Transforms PLC

13 November 2019

 

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")

Exercise of Options

Surface Transforms plc (AIM: SCE) announces that the Company was notified on 11 November 2019 that an employee has exercised options over a total of 20,000 ordinary shares of 1p each in the Company ("Ordinary Shares").

Specifically, on 8 November 2019, an employee exercised options over 20,000 Ordinary Shares 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 20,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 15 November 2019. Following Admission, the total number of voting rights in the Company will be 136,099,016 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.

- Ends -

For enquiries, please contact:

Surface Transforms plc
Kevin Johnson, CEO	[phone]
Michael Cunningham CFO	[phone]
David Bundred, Chairman	[phone]
Cantor Fitzgerald Europe (Nomad & Joint-Broker) David Foreman, Michael Boot (Corporate Finance) Caspar Shand Kydd, Maisie Atkinson (Sales)	[phone]
FinnCap Ltd (Joint-Broker) Richard Chambers (Corporate Broking) Ed Frisby / Giles Rolls (Corporate Finance)	[phone]
For further Company details, visit www.surfacetransforms.com.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.

 

END

 

 

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