Change of Financial Year End Date

RNS Number : 0965J

Surface Transforms PLC

15 August 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.

15 August 2019

Surface Transforms plc

("Surface Transforms" or the "Company")

Change to date of accounting year end

Surface Transforms (AIM:SCE) announces its intention to change the Company's financial year end reporting date from 31 May to 31 December.

This will be achieved by firstly reporting the audited results of the Company for the financial year ended 31 May 2019 in the normal manner, expected in early September 2019.  The Company will then report:

-     Unaudited interim results for the six months ending 30 November 2019 by 28 February 2020

-     audited results for the seven months ending 31 December 2019 by 30 June 2020

-     Unaudited interim results for the six months ending 30 June 2020 by 30 September 2020

-     Audited results for the twelve months ending 31 December 2020 by 30 June 2021

David Bundred, Chairman commented: "This change brings the Company's reporting periods in line with both its new and target OEM customers and also avoids having a year end in the middle of the automotive racing season. In addition, we believe that it will simplify messaging to the investment community."

For enquiries, please contact

Surface Transforms plc                                                  [phone]

Kevin Johnson, CEO

Michael Cunningham, CFO

David Bundred, Chairman

Cantor Fitzgerald Europe (Nomad & Joint Broker)     [phone]

David Foreman/Michael Boot (Corporate Finance)

Caspar Shand Kydd/Maisie Atkinson (Sales)

finnCap Ltd (Joint Broker)                                             [phone]

Ed Frisby/Giles Rolls (Corporate Finance)

Richard Chambers (ECM)

For further Company details, visit www.surfacetransforms.com

 

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