Exercise of Options

RNS Number : 6317O

Surface Transforms PLC

10 February 2021

 

Surface Transforms plc

("Surface Transforms" or the "Company")

Exercise of Options

Surface Transforms (AIM: SCE) announces that the Company was notified on 9 February 2021 that an employee, who is not a PDMR, has exercised options over a total of 100,000 ordinary shares of 1p each in the Company ("Ordinary Shares"). 20,000 of the shares were exercised at a price of 14.5p per Ordinary Share, additionally 80,000 shares were exercised at a price of 15.25p.

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 100,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 16 February 2021. Following Admission, the total number of voting rights in the Company will be 195,018,319 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 Capital Limited (Nominated Advisor and Joint Broker)  [phone]

David Foreman / Dan Bate / Jordan Warburton (Corporate Finance)

Dominic King (Corporate Broking)

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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