TIDMSCE

RNS Number : 0064R

Surface Transforms PLC

25 June 2020

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")

PDMR Dealing

Surface Transforms plc (AIM: SCE) announces that the Company was notified on 24 June 2020 that Kerry Wood, Safety, Health, Environmental and Quality Manager and a PDMR of the Company, purchased 106,474 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 23.0p per Ordinary Share. In a second transaction Mrs Wood purchased 116,771 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 21.4p per Ordinary Share.

Following the transactions, Kerry Wood is beneficially interested in 335,488 Ordinary Shares which equates to 0.2% of the Company's total issued share capital.

- Ends -

For enquiries, please contact:

 
     Surface Transforms plc 
 
       Kevin Johnson, CEO                                     +44 151 356 2141 
       Michael Cunningham CFO                                 +44 151 348 8882 
     David Bundred, Chairman                                +44 7785 388 848 
     Cantor Fitzgerald Europe (Nomad & Joint-Broker)        +44 20 7894 7000 
     David Foreman 
 
     FinnCap Ltd (Joint-Broker)                             +44 20 7220 0500 
     Richard Chambers (Corporate Broking) 
      Ed Frisby / Giles Rolls (Corporate Finance) 
 

For further Company details, visit www.surfacetransforms.com .

The person responsible for arranging the release of this information is Michael Cunningham, Chief Financial Officer of the Company

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.

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                                             Kerry Wood 
                                                          --------------------------------------------------------------------- 
     2        Reason for notification 
         -----------------------------------------------  --------------------------------------------------------------------- 
     a.       Position/Status                                  PDMR 
                                                                Safety, Health, Environmental and Quality 
                                                                Manager 
         -----------------------------------------------  --------------------------------------------------------------------- 
     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 
         -----------------------------------------------  --------------------------------------------------------------------- 
              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                                   Ordinary Shares of 1p each 
               the financial 
               instrument, type 
               of instrument                                    ISIN: GB0002892528 
 
               Identification 
               Code 
         -----------------------------------------------  --------------------------------------------------------------------- 
     b.       Nature of the                                    Purchase of 223,245 ordinary shares of 1p 
               transaction                                      each in the Company ("Ordinary Shares). 
         -----------------------------------------------  --------------------------------------------------------------------- 
     c.                   Price(s) and volume(s)                    Price(s)       Volume(s) 
                           *    Transaction 1 (Purchase)             23.0p          106,474 
                                                                               -------------- 
                                                                     21.04p         116,771 
                                                                               -------------- 
                           *    Transaction 2 
 
 
                          (purchase) 
         -----------------------------------------------  --------------------------------------------------------------------- 
     d.            Aggregated information                           Price(s)       Aggregated volume(s)       Aggregated Total 
                     *    Transaction 1                              23.0p          106,474                    GBP24,489.02 
                                                                               -------------------------  --------------------- 
                                                                     21.4           116,771                    GBP24,988.99 
                    (purchase)                                                 -------------------------  --------------------- 
 
                     *    Transaction 2 
 
 
                    (purchase) 
         -----------------------------------------------  --------------------------------------------------------------------- 
     e.       Date of the transaction                          24/06/2020 
         -----------------------------------------------  --------------------------------------------------------------------- 
     f.       Place of the transaction                         London Stock Exchange 
         -----------------------------------------------  --------------------------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 25, 2020 02:00 ET (06:00 GMT)

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