Surface Transforms PLC Director/PDMR Shareholding (2383U)
28 Marzo 2019 - 8:02AM
UK Regulatory
TIDMSCE
RNS Number : 2383U
Surface Transforms PLC
28 March 2019
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")
Grant of Options
Surface Transforms plc (AIM: SCE) announces that it has granted
options over 210,000 new ordinary shares of 1 pence each in the
Company ("Ordinary Shares") under its existing share option scheme
(the "Options") to an executive, being "a person with with direct
management responsibility" (PDMR) as follows:
Total options
Number of held following
PDMR Position options granted this grant
Senior Operations
Stephen Harvey Manager 210,000 210,000
The Options are exercisable at a price of 15.25 pence per share
being the closing share price on 25 March 2019
The vesting of the Options is conditional on the continued
employment of the option holder as well as the satisfaction of
certain financial and non-financial performance conditions. The
Options will vest in one-third tranches upon production cell OEM1
being fully operational, the Company achieving an agreed (but
commercially confidential) target cost for the manufacture of a
carbon ceramic disc and generating revenue in a financial year of
not less than GBP5m sales.
For enquiries, please contact:
Surface Transforms plc +44 151 356 2141
Kevin Johnson, CEO
Michael Cunningham, CFO
David Bundred, Chairman
Cantor Fitgerald Europe (Nomad & Joint Broker) +44 20 7894 7000
David Foreman/ Michael Boot (Corporate Finance)
Caspar Shand Kydd/Gregor Paterson/Maisie Atkinson (Sales)
finnCap Ltd (Joint Broker) +44 20 7220 0500
Ed Frisby/Giles Rolls (Corporate Finance)
Richard Chambers (ECM)
This announcement has been released by Kevin Johnson, Chief
Executive Officer, on behalf of the Company.
For further Company details, visit
www.surfacetransforms.com.
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 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 Stephen Harvey
--------------------------------------------------
2 Reason for notification
--------------------------------------- --------------------------------------------------
a. Position/Status PDMR
Senior Operations 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
--------------------------------------- --------------------------------------------------
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 of Options over ordinary shares of 1p each
the financial
instrument, type ISIN: GB0002892528
of instrument
Identification
Code
--------------------------------------- --------------------------------------------------
b. Nature of the Grant of options over 210,000 ordinary shares
transaction of 1 pence
--------------------------------------- --------------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
Not applicable 210,000
--------------
--------------------------------------- --------------------------------------------------
d. Aggregated information Not applicable
--------------------------------------- --------------------------------------------------
e. Date of the transaction 26 March 2019
--------------------------------------- --------------------------------------------------
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
DSHLLFLDVTIDFIA
(END) Dow Jones Newswires
March 28, 2019 03:02 ET (07:02 GMT)
Grafico Azioni Surface Transforms (LSE:SCE)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Surface Transforms (LSE:SCE)
Storico
Da Apr 2023 a Apr 2024
