TIDMSCE
RNS Number : 2934M
Surface Transforms PLC
20 January 2021
20 January 2021
THIS ANNOUNCEMENT, AND THE INFORMATION CONTAINED HEREIN, IS NOT
FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES,
AUSTRALIA, NEW ZEALAND, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA
OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO
SO.
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY
THE COMPANY TO CONSTITUTE INSIDE INFORMATION STIPULATED UNDER THE
MARKET ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). UPON THE
PUBLICATION OF THIS ANNOUNCEMENT VIA THE REGULATORY INFORMATION
SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE
PUBLIC DOMAIN.
Surface Transforms plc.
("Surface Transforms" or the "Company")
Result of Placing and Subscription
and proposed Open Offer
Notice of General Meeting
Surface Transforms (AIM: SCE), manufacturers of carbon fibre
reinforced ceramic automotive brake discs, is pleased to announce
that further to the Company's announcement released at
approximately 5.30 p.m. on 19 January 2021 ("Launch Announcement"),
the Bookbuild has closed and the Company has conditionally raised
gross proceeds of GBP18.0 million, through the successful placing
of 35,750,000 Placing Shares and 250,000 Subscription Shares at the
Issue Price of 50 pence per Ordinary Share.
The Placing Shares and Subscription Shares represent
approximately 23.2 per cent. of the Company's Existing Ordinary
Shares. The Issue Price represents a discount of approximately 5.7%
to the closing price on 5 January 2021 following the Company's
Trading Update announced on that date, and 11.0 per cent. to the
volume weighted average price of 56.3263 pence per Ordinary Share
for the period from 5 to 19 January 2021 being the period following
the Company's last Trading Update to the date of the Launch
Announcement. The Issue Price also represents a discount of
approximately 17.0 per cent. to the closing mid-market price per
Ordinary Share of 60.5 pence on 19 January, being the date of the
Launch Announcement.
In addition to the Placing and Subscription, the Company intends
to provide all Qualifying Shareholders with the opportunity to
subscribe for an aggregate of up to 4,000,000 Open Offer Shares at
the Issue Price, to raise up to approximately GBP 2.0 million
(before expenses), on the basis of 1 Open Offer Share for every
38.72957975 Existing Ordinary Shares held on the Record Date.
Qualifying Shareholders subscribing for their full entitlement
under the Open Offer may also request additional Open Offer Shares
through an excess application facility (the "Excess Application
Facility").
The Placing, Subscription and Open Offer are conditional upon,
inter alia, the passing of the Resolutions at the General Meeting
and upon the Placing Agreement becoming unconditional in all
respects. The Placing is not conditional on the Open Offer
proceeding or on any minimum take-up under the Open Offer.
David Bundred, Chairman of Surface Transforms commented:
"We are delighted with the success of this Placing which now
enables us to proceed with building OEM Production Cell Two and
thus removing this impediment in winning target business with OEM 8
and OEM 9. In addition, it is most encouraging to welcome a number
of new institutional investors, as well as receiving significant
ongoing support from our existing institutional shareholders.
We are also pleased to be announcing the Open Offer, again
demonstrating our determination that our smaller, early stage,
retail investors should continue to have the opportunity to
participate in the increasing success of the Company as we
mature."
Reasons for the Fundraising and use of proceeds
As set out in the Launch Announcement, the Company is very
pleased with recent discussions and progress made with other new
OEMs to build upon its current contract expected revenue pipeline
of GBP43 million(1). Since the start of the financial year, no new
nominations have been made but should one or more be awarded to
Surface Transforms, the Board considers that they would likely be
material.
With regard to potential contracts, OEM 8 and OEM 9 operate
quite differently to Surface Transforms' other existing OEM
customers, including requiring a more compressed 12-15 month (not
24 month) period between contract award and start of production.
Given the compressed start of production timelines required by OEM
8 and OEM 9, the Board consider it sensible to build capacity ahead
of any such contract awards.
It is possible that neither OEM 8 nor OEM 9 will award any new
contract to the Company. However, continued progress with OEM 1,
OEM 3 (also covering OEM 4), OEM 6 and three new potential OEM
customers are progressing well with numerous new vehicle launches
being targeted for 2024. Indeed, the prospective contract pipeline
has the potential to utilise the entire production capacity of
Knowsley by 2024. Accordingly, the Board are confident that
production capacity of a new OEM Production Cell Two will be
required in due course, regardless of new contracts being awarded
by either or both OEM 8 or OEM 9 to the Company.
(1) This is based on the directors' expectations and their
understanding of the relevant OEM's production plan and estimated
demand for discs.
Use of proceeds
Net proceeds of the Placing and Subscription are circa GBP17.0
million. The construction cost of OEM Production Cell Two is
approximately GBP9.2 million. A further GBP0.7 million is to be
allocated for machinery improvements to OEM Production Cell
One.
Forecast increased production will require additional investment
in working capital. The balance of the net proceeds will therefore
be allocated for future general working capital requirements and
together with the Open Offer, to the extent it is taken up, provide
further working capital headroom, as well as the flexibility to
respond quickly to other opportunities or requirements that present
themselves, such as incremental capital expenditure improvements
and ad hoc projects.
Related Party Transactions
The Directors' interests as at today and following completion of
the Fundraising are as follows:
Interest%
Existing in Ordinary Open Offer
beneficial Subscription Shares Shares Interest
interest Shares after Placing to be in Ordinary
in Ordinary subscribed and Subscription applied Shares after
Director Shares % for Admission for Admission(4) % (4)
David Bundred
(1) 1,310,025 0.8% 50,000 1,360,025 0.7% - 1,360,025 0.7%
Kevin Johnson 991,308 0.6% - 991,308 0.5% - 991,308 0.5%
Richard Gledhill
(2) 14,813,346 9.6% 200,000 15,013,346 7.9% - 15,013,346 7.7%
Kevin D'Silva
(3) 1,260,315 0.8% - 1,260,315 0.7% - 1,260,315 0.6%
Michael Cunningham 120,000 0.1% - 120,000 0.1% - 120,000 0.1%
(1) Including 516,122 Ordinary Shares held in SIPPs of connected parties
(2) Held as to 11,670,628 Ordinary Shares through his investment vehicle Group-14 LTD
(3) Held in his SIPPs
(4) Assuming Open Offer applications in total for the full
number of Open Offer Shares available
David Bundred, Chairman of the Company and Richard Gledhill,
non-executive director of the Company, and/or persons connected
with each of them have conditionally subscribed for an aggregate of
250,000 Subscription Shares, which constitutes a related party
transaction under the AIM Rules.
Mr. Richard Sneller, as a substantial shareholder of the
Company, is subscribing for 4,133,786 Placing Shares, which
constitutes a related party transaction under the AIM Rules for
Companies.
Unicorn Asset Management Limited, as a substantial shareholder
of the Company, is subscribing for 1,035,715 Placing Shares, which
constitutes a related party transaction under the AIM Rules for
Companies.
Canaccord Genuity Wealth Management Limited, as a substantial
shareholder of the Company, is subscribing for 2,755,958 Placing
Shares, which constitutes a related party transaction under the AIM
Rules for Companies.
Accordingly, Kevin Johnson, Michael Cunningham and Kevin D'Silva
are considered to be independent directors of the Company for the
purposes of AIM Rule 13. Having consulted with the Company's
nominated adviser, Kevin Johnson, Michael Cunningham and Kevin
D'Silva consider that the terms of the Directors' Participation is
fair and reasonable insofar as Shareholders are concerned.
In the case of participation by Mr. Richard Sneller, Unicorn
Asset Management Limited and Canaccord Genuity Wealth Management
Limited, all the Directors are considered to be independent for the
purposes of AIM Rule 13. Having consulted with the Company's
nominated adviser, the Directors also consider that the terms of
the participation in the Placing by Mr. Richard Sneller, Unicorn
Asset Management Limited and Canaccord Genuity Wealth Management
Limited is fair and reasonable insofar as Shareholders are
concerned.
Posting of Circular
The Company will post a Circular to Shareholders later today,
containing a Notice of General Meeting, proxy form and full details
of the Open Offer including the Open Offer application form. The
Circular will also be available on the Company's website at
www.surfacetransforms.co.uk
Investor presentation
The Company will provide a live presentation to investors and
any other interested parties on via Hardman & Co's platform at
4:00 p.m. on 25 January 2021. Interested parties can register for
the presentation at
https://zoom.us/webinar/register/WN_7OKl7yGVTFaK-e_y89aTbg
Surface Transforms is committed to ensuring that there are
appropriate communication structures for all its Shareholders.
Questions can be submitted in advance as well as during the event
via the "Ask a Question" function. Although management may not be
in a position to answer every question received, they will address
the most prominent ones within the confines of information already
disclosed to the market. Responses to questions from the live
presentation will be published at the earliest opportunity on the
Company's website.
General Meeting
The Fundraising is conditional upon, inter alia, the passing of
the Resolutions. The General Meeting will be held at Image Business
Park, Acornfield Road, Knowsley Industrial Estate, Liverpool, L33
7UF at 10.00 a.m. on 8 February 2021.
Pursuant to the Stay at Home Order introduced by the UK
Government on 6 January 2021 to manage the Covid-19 virus
(coronavirus), public gatherings of more than two people and
non-essential travel are currently prohibited. The Company will
therefore convene the General Meeting with the minimum quorum of
two Shareholders necessary to conduct the meeting, being the
Company's Chief Executive, Kevin Johnson (acting as Chairman) and
the Company's Finance Director, Michael Cunningham. All other
Shareholders must not seek to attend the General Meeting in
person.
Irrevocable commitments
The Directors (or persons connected with the Directors within
the meaning of sections 252 - 255 of the Act), who in aggregate
hold 18,494,994 Ordinary Shares, representing approximately 11.9
per cent. of the Existing Ordinary Shares of the Company, have
irrevocably undertaken to vote in favour of the Resolutions at the
General Meeting and not to subscribe for any of the Open Offer
Shares.
Expected timetable of principal events
Record Date for the Open Offer Close of Business on 19
January 2021
Publication of Circular and Application 20 January 2021
Form
Ex entitlement date for the Open 8.00 a.m. on 21 January
Offer 2021
Open Offer Entitlements and Excess as soon as possible after
CREST Open Offer Entitlements credited 8.00 a.m. on 21 January
to stock accounts of Qualifying CREST 2021
Shareholders
Recommended latest time for requesting 4.30 p.m. on 1 February
withdrawal of Open Offer Entitlements 2021
and Excess CREST Open Offer Entitlements
from CREST
Latest time for depositing Open Offer 3.00 p.m. on 2 February
Entitlements and Excess CREST Open 2021
Offer Entitlements in to CREST
Latest time and date for splitting 3.00 p.m. on 3 February
of Application Forms (to satisfy 2021
bona fide market claims only)
Latest time and date for receipt 10:00 a.m. on 4 February
of proxy forms for General Meeting 2021
Latest time and date for receipt 11.00 a.m. on 5 February
of completed Application Forms and 2021
payment in full under the Open Offer
and settlement of relevant
CREST instructions (as appropriate)
Announce result of Open Offer by 8 February 2021
General Meeting 10:00 a.m. on 8 February
2021
First Admission and commencement 8.00 a.m. on 9 February
of dealings in EIS/VCT Placing Shares 2021
CREST members' accounts credited as soon as possible after
in respect of EIS/VCT Placing Shares 8.00 a.m. on 9 February
in uncertificated form 2021
Second Admission and commencement 8.00 a.m. on 10 February
of dealings in Placing Shares (excluding 2021
EIS/VCT Placing Shares), Subscription
Shares and Open Offer Shares
CREST members' accounts credited as soon as possible after
in respect of Placing Shares (excluding 8.00 a.m. on 10 February
EIS/VCT Placing Shares), Subscription 2021
Shares and Open Offer Shares in uncertificated
form
Dispatch of definitive share certificates 17 February 2021
for the Open Offer Shares in certificated
form
Open Offer
In order to provide all Qualifying Shareholders with an
opportunity to participate, the Company is conducting an Open Offer
providing those shareholders the opportunity to subscribe at the
Issue Price for an aggregate of 4,000,000 Open Offer Shares. This
allows Qualifying Shareholders to participate on a pre-emptive
basis whilst providing the Company with the flexibility to raise
additional equity capital to further improve its financial
position.
Qualifying Shareholders are being offered the opportunity to
apply for additional Open Offer Shares in excess of their pro rata
entitlements to the extent that other Qualifying Shareholders do
not take up their entitlements in full. Qualifying Shareholders
with nil basic entitlement will still be eligible to apply for Open
Offer Shares under the Excess Application Facility. In the event
applications exceed the maximum number of Open Offer Shares
available, the Company will decide on the basis for allocation. The
Open Offer Shares will not be placed subject to clawback nor have
they been underwritten. Consequently, there may be fewer than
4,000,000 Open Offer Shares issued pursuant to the Open Offer.
The Directors believe that upon First Admission, the gross
assets of the Company will exceed the maximum limit set out within
the qualifying rules for EIS and VCT. Accordingly, the Open Offer
Shares will not rank as "eligible shares" for the purposes of EIS,
nor will they be capable of being a "qualifying holding" for the
purposes of investment by VCTs.
The Open Offer is conditional, amongst other things, on the
following:
i. approval of the Resolutions at the General Meeting;
ii. completion of the Placing;
iii. the Placing Agreement not being terminated prior to Second
Admission and becoming and being declared otherwise unconditional
in all respects; and
iv. Second Admission becoming effective on or before 8.00 a.m.
on 10 February 2021 (or such later date and/or time as the Company,
Zeus Capital and finnCap may agree, being no later than 26 February
2021).
Open Offer Entitlement
On, and subject to the terms and conditions of the Open Offer,
the Company invites Qualifying Shareholders to apply for their Open
Offer Entitlement of Open Offer Shares at the Issue Price. Each
Qualifying Shareholder's Open Offer Entitlement has been calculated
on the following basis:
1 Open Offer Share for every 38.72957975 Existing Ordinary Shares held at the Record Date
Open Offer Entitlements will be rounded down to the nearest
whole number of Ordinary Shares.
Excess Application Facility
Qualifying Shareholders are also invited to apply for additional
Open Offer Shares (up to the total number of Open Offer Shares
available to Qualifying Shareholders under the Open Offer) pursuant
to an Excess Application Facility. Any Open Offer Shares not issued
to a Qualifying Shareholder pursuant to their Open Offer
Entitlement will be apportioned between those Qualifying
Shareholders who have applied under the Excess Application Facility
at the sole discretion of the Board, provided that no Qualifying
Shareholder shall be required to subscribe for more Open Offer
Shares than he or she has specified on the Application Form or
through CREST. Qualifying Shareholders with nil basic entitlement
will still be eligible to apply for Open Offer Shares under the
Excess Application Facility.
The Open Offer Shares will, when issued and fully paid, rank
pari passu in all respects with the Ordinary Shares in issue at
that time, including the right to receive all dividends and other
distributions declared, made or paid after the date of Second
Admission.
Qualifying Shareholders should note that the Open Offer is not a
"rights issue". Invitations to apply under the Open Offer are not
transferable unless to satisfy bona fide market claims. Qualifying
non-CREST Shareholders should be aware that the Application Form is
not a negotiable document and cannot be traded. Qualifying
Shareholders should also be aware that in the Open Offer, unlike in
a rights issue, any Open Offer Shares not applied for will not be
sold in the market nor will they be placed for the benefit of
Qualifying Shareholders who do not apply for Open Offer Shares
under the Open Offer.
Settlement and dealings
Application will be made to the London Stock Exchange for
admission of the Open Offer Shares. It is expected that Second
Admission will become effective and that dealings will commence at
8.00 a.m. on 10 February 2021.
Overseas Shareholders
The Open Offer Shares have not been and are not intended to be
registered or qualified for sale in any jurisdiction other than the
United Kingdom. Accordingly, unless otherwise determined by the
Company and effected by the Company in a lawful manner, the
Application Form will not be sent to Shareholders with registered
addresses in any jurisdiction other than the United Kingdom since
to do so would require compliance with the relevant securities laws
of that jurisdiction. The Company reserves the right to treat as
invalid any application or purported application for Open Offer
Shares which appears to the Company or its agents or professional
advisers to have been executed, effected or despatched in a manner
which may involve a breach of the laws or regulations of any
jurisdiction or if the Company or its agents or professional
advisers believe that the same may violate applicable legal or
regulatory requirements or if it provides an address for delivery
of share certificates for Open Offer Shares, or in the case of a
credit of Open Offer Shares in CREST, to a CREST member whose
registered address would not be in the UK.
Notwithstanding the foregoing and any other provision of the
Circular or the Application Form, the Company reserves the right to
permit any Qualifying Shareholder to apply for Open Offer Shares if
the Company, in its sole and absolute discretion, is satisfied that
the transaction in question is exempt from, or not subject to, the
legislation or regulations giving rise to the restrictions in
question.
This Announcement and the Circular together with the
accompanying Application Form, in the case of Qualifying non-CREST
Shareholders, contains the terms and conditions of the Open
Offer.
If a Qualifying Shareholder does not wish to apply for Open
Offer Shares he should not complete or return the Application Form
or send a USE message through CREST.
Qualifying non-CREST Shareholders
If you are a Qualifying non-CREST Shareholder you will receive
an Application Form which gives details of your Open Offer
Entitlement (as shown by the number of the Open Offer Shares
allocated to you). If you wish to apply for Open Offer Shares under
the Open Offer you should complete the Application Form in
accordance with the procedure for application set out in the
Circular and on the Application Form itself. The completed
Application Form, accompanied by full payment, should be returned
by post to Link Group, Corporate Actions, The Registry, 34
Beckenham Road, Beckenham, Kent, BR3 4TU so as to arrive as soon as
possible and in any event no later than 11.00 a.m. on 5 February
2021.
Qualifying CREST Shareholders
Application will be made for the Open Offer Shares of Qualifying
CREST Shareholders to be admitted to CREST. It is expected that the
Open Offer Shares will be admitted to CREST on 10 February 2021.
Applications through the CREST system may only be made by the
Qualifying CREST Shareholder originally entitled or by a person
entitled by virtue of a bona fide market claim. If you are a
Qualifying CREST Shareholder, no Application Form will be sent to
you but you will receive credits to your appropriate stock account
in CREST in respect of your Open Offer Entitlements. You should
refer to the procedure for application set out in the Circular. The
relevant CREST instruction must have settled by no later than 11.00
a.m. on 5 February 2021.
Action to be taken
Open Offer
Qualifying non-CREST Shareholders wishing to apply for Open
Offer Shares must complete the Application Form in accordance with
the instructions set out in the Circular (Terms and Conditions of
the Open Offer) and on the Application Form and return it with the
appropriate payment to Link Group, Corporate Actions, The Registry,
34 Beckenham Road, Beckenham, Kent, BR3 4TU, so as to arrive no
later than 11.00 a.m. on 5 February 2021.
If you do not wish to apply for any Open Offer Shares under the
Open Offer, you should not complete or return the Application Form.
If you are a Qualifying CREST Shareholder, no Application Form will
be sent to you. Qualifying CREST Shareholders will have Open Offer
Entitlements and Excess CREST Open Offer Entitlements credited to
their stock accounts in CREST. You should refer to the procedure
for application set out in the Circular (Terms and Conditions of
the Open Offer). The relevant CREST instructions must have settled
in accordance with the instructions in the Circular by no later
than 11.00 a.m. on 5 February 2021.
Qualifying CREST Shareholders who are CREST sponsored members
should refer to their CREST sponsors regarding the action to be
taken in connection with this Announcement, the Circular and the
Open Offer.
Important information
This Announcement is for information purposes only and does not
itself constitute an offer or invitation to underwrite, subscribe
for or otherwise acquire or dispose of any securities in the
Company and does not constitute investment advice.
Neither this Announcement nor any copy of it may be taken or
transmitted, published or distributed, directly or indirectly, in
or into the United States of America, its territories and
possessions, any state of the United States and the District of
Columbia (the "United States"), Australia, New Zealand, Canada,
Japan or the Republic of South Africa or to any persons in any of
those jurisdictions or any other jurisdiction where to do so would
constitute a violation of the relevant securities laws of such
jurisdiction. Any failure to comply with this restriction may
constitute a violation of the securities laws of the United States,
Australia, New Zealand, Canada, Japan or the Republic of South
Africa. The distribution of this Announcement in other
jurisdictions may be restricted by law and persons into whose
possession this Announcement comes should inform themselves about,
and observe any such restrictions.
Any failure to comply with these restrictions may constitute a
violation of the securities laws of any such jurisdiction. Neither
this Announcement nor any part of it nor the fact of its
distribution shall form the basis of or be relied on in connection
with or act as an inducement to enter into any contract or
commitment whatsoever.
In particular, the Placing Shares have not been and will not be
registered under the US Securities Act, or under the securities
laws or with any securities regulatory authority of any state or
other jurisdiction of the United States, and accordingly the
Placing Shares may not be offered, sold, pledged or transferred,
directly or indirectly, in, into or within the United States except
pursuant to an exemption from the registration requirements of the
US Securities Act and the securities laws of any relevant state or
other jurisdiction of the United States. There is no intention to
register any portion of the Placing in the United States or to
conduct a public offering of securities in the United States or
elsewhere.
Zeus Capital is authorised and regulated in the United Kingdom
by the FCA and is acting as nominated adviser and joint bookrunner
to the Company in respect of the Placing. finnCap Limited is
authorised and regulated in the United Kingdom by the FCA and is
acting as joint bookrunner to the Company in respect of the
Placing. Each of Zeus Capital and finnCap is acting for the Company
and for no-one else in connection with the Placing, and will not be
treating any other person as its client in relation thereto, and
will not be responsible for providing the regulatory protections
afforded to its customers nor for providing advice in connection
with the Placing or any other matters referred to herein and apart
from the responsibilities and liabilities (if any) imposed on Zeus
Capital or finnCap, as the case may be, by FSMA, any liability
therefor is expressly disclaimed. Any other person in receipt of
this Announcement should seek their own independent legal,
investment and tax advice as they see fit.
Forward-looking statements
This Announcement contains statements about the Group and the
Enlarged Group that are or may be deemed to be "forward-looking
statements".
All statements, other than statements of historical facts,
included in this Announcement may be forward-looking statements.
Without limitation, any statements preceded or followed by, or that
include, the words "targets", "plans", "believes", "expects",
"aims", "intends", "will", "may", "should", "anticipates",
"estimates", "projects", "would", "could", "continue" or words or
terms of similar substance or the negative thereof, are
forward-looking statements. Forward-looking statements include,
without limitation, statements relating to the following: (i)
future capital expenditures, expenses, revenues, earnings,
synergies, economic performance, indebtedness, financial condition,
dividend policy, losses and future prospects and (ii) business and
management strategies and the expansion and growth of the
operations of the Group and the Enlarged Group.
These forward-looking statements are not guarantees of future
performance. These forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of any such person, or
industry results, to be materially different from any results,
performance or achievements expressed or implied by such
forward-looking statements. These forward-looking statements are
based on numerous assumptions regarding the present and future
business strategies of such persons and the environment in which
each will operate in the future. Investors should not place undue
reliance on such forward-looking statements and, save as is
required by law or regulation (including to meet the requirements
of the AIM Rules for Companies, the Prospectus Rules, the FSMA
and/or MAR), does not undertake any obligation to update publicly
or revise any forward-looking statements (including to reflect any
change in expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is based).
All subsequent oral or written forward-looking statements
attributed to the Company, the Group or any persons acting on
their behalf are expressly qualified in their entirety by the
cautionary statement above. All forward-looking statements
contained in this Announcement are based on information available
to the Directors of the Company at the date of this Announcement,
unless some other time is specified in relation to them, and the
posting or receipt of this Announcement shall not give rise to any
implication that there has been no change in the facts set forth
herein since such date.
T he person responsible for arranging the release of this
Announcement on behalf of the Company is Michael Cunningham,
Finance Director.
Unless expressly defined in this announcement, capitalised terms
shall have the meanings as defined in the Launch Announcement.
For further information, please contact:
Surface Transforms plc. +44 151 356 2141
David Bundred, Chairman
Kevin Johnson, CEO
Michael Cunningham, CFO
Zeus Capital Limited (Nominated Adviser and Joint Broker) +44 203 829 5000
David Foreman / Dan Bate/ 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 additional information please visit
www.surfacetransforms.com
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END
ROIPPUAUGUPGURU
(END) Dow Jones Newswires
January 20, 2021 03:09 ET (08:09 GMT)
Grafico Azioni Surface Transforms (LSE:SCE)
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Da Mar 2024 a Apr 2024
Grafico Azioni Surface Transforms (LSE:SCE)
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