Surface Transforms PLC Contract award from OEM 1 (6840N)
26 Settembre 2019 - 8:00AM
UK Regulatory
TIDMSCE
RNS Number : 6840N
Surface Transforms PLC
26 September 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.
26 September 2019
Surface Transforms plc
("Surface Transforms" or the "Company")
Contract Award from OEM 1
Surface Transforms (AIM:SCE) is pleased to announce that it has
been notified of its selection as a tier one supplier of a carbon
ceramic brake disc to a major high performance automotive company -
previously described by Surface Transforms as "OEM 1".
The Company has received the subsequent order, with sales
revenue of GBP400k and expects to deliver the products in the
current financial year ending 31 December 2019.
Specifically, the selection is as the tier one supplier of
carbon ceramic discs on a track car.
Kevin Johnson, CEO said "We are delighted to win this contract
with a new customer for the Company. We regard it as a further
reference point for our technology and hope that this can be the
foundation of a future relationship with this valued and
potentially important customer"
For enquiries, please contact
Surface Transforms plc +44 151 356 2141
Kevin Johnson, CEO
Michael Cunningham, CFO
David Bundred, Chairman
Cantor Fitzgerald Europe (Nomad & Joint Broker) +44 20 7894 7000
David Foreman/ Michael Boot (Corporate Finance)
Caspar Shand Kydd/ Maisie Atkinson (Sales)
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
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END
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