Exercise of Options

RNS Number : 9517V

Surface Transforms PLC

19 April 2021

 

Surface Transforms plc

("Surface Transforms" or the "Company")

Exercise of Options

Surface Transforms (AIM: SCE) announces that the Company was notified on 16 April 2021 that Steve Harvey, who is a PDMR, has exercised options over a total of 70,000 ordinary shares of 1p each in the Company ("Ordinary Shares"). The options were exercised at a price of 15.25p per Ordinary Share. Mr. Harvey intends to register the Ordinary Shares in his ISA. Following the option exercise Mr. Harvey will be beneficially interested in 153,665 Ordinary Shares.

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 70,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 23 April 2021. Following Admission, the total number of voting rights in the Company will be 195,108,319 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]

Dan Bate / David Foreman / 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

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	Mr. Steve Harvey
2	Reason for notification
a.	Position/Status	PDMR
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	213800GQHNJPE5O8XO79
	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	Exercise of Options for Ordinary Shares in the Company
c.	Price(s) and volume(s) -  Transaction 1 (Purchase)	Price(s) Volume(s) 15.25p 70,000
d.	Aggregated information -  Transaction 1 (purchase)	Price(s) Aggregated volume(s) Aggregated Total 15.25p 70,000 £10,675
e.	Date of the transaction	16/04/2021
f.	Place of the transaction	London Stock Exchange

 

END

 

 

DSHDZGMDVLDGMZM