Business
Director Dealing
Director Dealing.
About this update from Surface Transforms Plc
[{"type":"text","content":"\n\nSurface Transforms plc\n \n(\"Surface Transforms\" or the \"Company\")\n \nDirector Dealing\n \nSurface Transforms plc (AIM:SCE) is pleased to announce that the Company was notified on 19 July 2023 that all of the Company's non-executive directors, David Bundred (Chairman), Ian Cleminson, Julia Woodhouse and Matthew Taylor (together the \"Non-Executive Directors\") purchased, in aggregate, 930,608 ordinary shares of 1p each in the Company (\"Ordinary Shares\"), at an average price of 32.224p, totalling £300,000.\n \nFollowing the above transactions, the Non-Executive Directors holdings are as follows:\n \n\n\n\nName\n\n\nOrdinary Shares acquired\n\n\nTotal number of Ordinary Shares held\n\n\n% of voting rights\n\n\n\n\nDavid Bundred\n\n\n155,101\n\n\n1,552,626\n\n\n0.64%\n\n\n\n\nIan Cleminson\n\n\n155,101\n\n\n319,654\n\n\n0.13%\n\n\n\n\nJulia Woodhouse\n\n\n310,203\n\n\n435,203\n\n\n0.18%\n\n\n\n\nMatthew Taylor\n\n\n310,203\n\n\n740,203\n\n\n0.31%\n\n\n\n \nFor enquiries please contact\n\n\n\nSurface Transforms plc\nDavid Bundred, Chairman\nKevin Johnson, CEO\n\n\n+44 151 356 2141\n\n\n\n\nZeus (Nominated Adviser and Joint Broker)\nDavid Foreman / Dan Bate / James Edis (Investment Banking)\nDominic King (Corporate Broking)\n\n\n+44 203 829 5000\n\n\n\n\nfinnCap Limited (Joint Broker)\nEd Frisby / Abigail Kelly (Corporate Finance)\nAndrew Burdis / Barney Hayward (ECM)\n\n\n+44 207 220 0500\n\n\n\n \nAbout Surface Transforms\nSurface Transforms plc. (AIM:SCE) develop and produce carbon‐ceramic material automotive brake discs. The Company is the UK's only manufacturer of carbon‐ceramic brake discs, and only one of two mainstream carbon ceramic brake disc companies in the world, serving customers that include major OEMs in the global automotive markets.\nThe Company utilises its proprietary next generation Carbon Ceramic Technology to create lightweight brake discs for high‐performance road and track applications for both internal combustion engine and electric vehicles. While competitor carbon‐ceramic brake discs use discontinuous chopped carbon fibre, Surface Transforms interweaves continuous carbon fibre to form a 3D matrix, producing a stronger and more durable product with improved heat conductivity compared...