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RNS Number : 9679O

Surface Transforms PLC

12 February 2021

Surface Transforms plc

("Surface Transforms" or the "Company")

Director Dealing

Surface Transforms (AIM: SCE) announces that, pursuant to the Placing and Subscription, as described in the announcement dated 20 January 2021, David Bundred, Non-Executive Chairman, and persons closely associated to him, and Richard Gledhill, Non-Executive Director, subscribed for 250,000 ordinary shares of 1p each in the Company ("Ordinary Shares") that were admitted to trading on AIM on 10 February 2021.

Following the Subscription, David Bundred is beneficially interested in 1,360,025 Ordinary Shares amounting to 0.7% of the voting capital of the Company whilst Richard Gledhill is beneficially interested in 15,013,346 Ordinary Shares, amounting to 7.7% of the voting capital of the Company.

The capitalised terms used in this announcement have the same meanings as in the Launch Announcement dated 19 January 2021, unless otherwise stated.

For enquiries, please contact:

Surface Transforms plc. +44 151 356 2141

David Bundred, Chairman

Kevin Johnson, CEO

Michael Cunningham CFO

   Zeus Capital Limited (Nominated Advisor and Joint Broker)   +44 203 829 5000 

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

Dominic King (Corporate Broking)

finnCap Ltd (Joint-Broker) +44 20 7220 0500

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")

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        i) David Bundred 
 
                                   ii) Richard Gledhill 
     ---------------------  ------------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             i) Non-Executive Chairman 
                                   ii) Non-Executive Director 
     ---------------------  ------------------------------------------------ 
 b)   Initial notification   Initial notification 
       /Amendment 
     ---------------------  ------------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                   Surface Transforms plc 
     ---------------------  ------------------------------------------------ 
 b)   LEI                    213800GQHNJPE5O8XO79 
     ---------------------  ------------------------------------------------ 
 4    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            Ordinary Shares of GBP0.01 each 
       of the financial 
       instrument, 
       type of instrument 
 
       Identification         ISIN: GB0002892528 
       code 
     ---------------------  ------------------------------------------------ 
 b)   Nature of the          Purchase of 25,000 ordinary shares of 1p each 
       transaction            in the Company ("Ordinary Shares) by each of 
                              David Bundred and his wife. 
 
                              Purchase of 200,000 Ordinary Shares by Richard 
                              Gledhill. 
     ---------------------  ------------------------------------------------ 
 c)   Price(s) and                       Name         Price(s)  Volume(s) 
       volume(s)                i   David Bundred       50.0p     50,000 
                                    -----------------  --------  --------- 
                               ii   Richard Gledhill    50.0p     200,000 
                                    -----------------  --------  --------- 
     ---------------------  ------------------------------------------------ 
 d)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ------------------------------------------------ 
 e)   Date of the            10 February 2021 
       transaction 
     ---------------------  ------------------------------------------------ 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
     ---------------------  ------------------------------------------------ 
 

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END

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February 12, 2021 06:31 ET (11:31 GMT)

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