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    <title>Surface Transforms Plc — News on 6ix</title>
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    <description>Latest news and press releases for Surface Transforms Plc on 6ix.</description>
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      <title>Surface Transforms Plc</title>
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    <item>
      <title>Surface Transforms plc – in Administration, Sale of Business and Assets</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/surface-transforms-plc-in-administration-sale-of-business-and-assets</link>
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      <pubDate>Fri, 22 May 2026 16:24:00 GMT</pubDate>
      <description>LIVERPOOL, May 22, 2026-- Surface Transforms plc – In Administration</description>
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      <title>Disclosure Table</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/disclosure-table-46</link>
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      <pubDate>Wed, 22 Apr 2026 15:31:00 GMT</pubDate>
      <description>The Takeover Panel has updated its Disclosure Table, noting the commencement of an offer period for Deltic Energy plc by Capricorn Energy plc, Petrogas International E&amp;P Coöperatief U.A., and Blue Concept Hld AS, with a Rule 2.6 deadline of May 20, 2026. Other amendments include the identification of TA Associates (UK), LLP as an offeror for Advanced Medical Solutions Group plc, with a Rule 2.6 deadline of May 16, 2026, and the identification of Atlas Holdings LLC as an offeror for BRCK Group pl</description>
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    <item>
      <title>Contract Update, Launch of Strategic Review &amp; FSP</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/contract-update-launch-of-strategic-review-and-fsp</link>
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      <pubDate>Fri, 20 Mar 2026 07:30:00 GMT</pubDate>
      <description>Surface Transforms plc has announced a strategic review and formal sale process following the loss of its General Motors contract, effective March 31, 2026. The company has lodged a Notice of Intention to Appoint Administrators, with Alvarez &amp; Marsal Europe LLP expected to be appointed Joint Administrators. Despite the uncertain financial position, the company intends to continue operating in the short term. The strategic review will explore options including a sale of the business and assets, c</description>
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    <item>
      <title>Surface Transforms</title>
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      <pubDate>Thu, 12 Mar 2026 18:00:00 GMT</pubDate>
      <description>FTSE Russell is announcing the deletion of Surface Transforms (UK) from the FTSE AIM All-Share Index, effective from the start of trading on March 17, 2026. This action follows the suspension of Surface Transforms from trading and the announcement of its intention to appoint administrators. Due to the absence of an active market, the constituent will be deleted from the index at a value of 0p.
                Disclaimer*</description>
    </item>
    <item>
      <title>Major Customer Update: Loss of Contract</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/major-customer-update-loss-of-contract</link>
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      <pubDate>Tue, 03 Mar 2026 13:32:00 GMT</pubDate>
      <description>Surface Transforms plc has announced the loss of its most significant customer, General Motors, which accounted for £15.3 million or 84% of FY 2025 revenues and 85% of discs sold. GM is re-sourcing its brake disk supply effective March 31, 2026, despite a contract that was set to run until 2030. The company had also received £14.4 million in advance payments and operational support from GM since November 2024. The Directors acknowledge the material impact on the company&apos;s ability to trade and in</description>
    </item>
    <item>
      <title>Trading and operations update</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/trading-and-operations-update-1</link>
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      <pubDate>Mon, 19 Jan 2026 07:00:00 GMT</pubDate>
      <description>Surface Transforms plc reported a transformative year for FY25, with revenue increasing approximately 120% to £18.0m, driven by a record second half of £9.9m. The company significantly reduced its operating loss before interest and tax to approximately £8.7m, a nearly threefold improvement from FY24. Gross cash stood at £1.0m at year-end, and capital expenditure rose to £8.6m, with the £13.2m ERDF loan fully utilized. Customer prepayments were £13.3m. Operations saw yield improvements throughout</description>
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      <title>Holding(s) in Company</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/holdings-in-company-355</link>
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      <pubDate>Thu, 27 Nov 2025 12:03:00 GMT</pubDate>
      <description>Kave Sigaroudinia has increased their holding in Surface Transforms PLC to 5.03% of the voting rights, acquiring 65,566,774 shares. This represents an increase from their previous notification where they held 4.01% of the voting rights. The acquisition occurred on November 27, 2025.
                Disclaimer*</description>
    </item>
    <item>
      <title>Award of 2025 LTIP share options</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/award-of-2025-ltip-share-options</link>
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      <pubDate>Thu, 27 Nov 2025 07:00:00 GMT</pubDate>
      <description>Surface Transforms plc has granted options over 89,250,000 ordinary shares under its 2025 LTIP, exercisable at nil cost with a vesting date of April 28, 2028, contingent on exceeding specified disc shipment and sales targets. The Chief Executive Officer, Kevin Johnson, received options for 39,250,000 shares, and the Chief Financial Officer, Steve Harrison, received options for 14,500,000 shares, with a two-year holding period and shareholding requirement post-exercise. These new options, represe</description>
    </item>
    <item>
      <title>Director/PDMR Shareholding</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/directorpdmr-shareholding-328</link>
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      <pubDate>Thu, 09 Oct 2025 12:40:00 GMT</pubDate>
      <description>On October 9, 2025, Surface Transforms plc announced that Non-Executive Director Mr. Paul Marr purchased 300,000 ordinary shares in the Company. The shares, with a par value of 1p each, were bought at a price of 2.35 pence per share. Following this transaction, Mr. Marr is now beneficially interested in 300,000 Ordinary Shares, representing 0.023% of the company&apos;s total voting rights. The purchase occurred on the London Stock Exchange, AIMX.

                Disclaimer*</description>
    </item>
    <item>
      <title>Interim Results and Trading Update</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/interim-results-and-trading-update-2</link>
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      <pubDate>Tue, 23 Sep 2025 06:00:00 GMT</pubDate>
      <description>Surface Transforms PLC reported interim results for the six months ended June 30, 2025. Revenue increased by 72% to £8.1 million, up from £4.7 million in the first half of 2024. The gross margin improved to 64% compared to 56% in the prior year. The operating loss decreased to £5.2 million from £7.4 million, and the loss before tax was £5.6 million, a reduction from £7.6 million. Cash reserves at the end of June 2025 stood at £1.2 million, compared to £0.5 million at the end of December 2024. Q3</description>
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    <item>
      <title>Change from interim to permanent CFO</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/change-from-interim-to-permanent-cfo</link>
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      <pubDate>Fri, 19 Sep 2025 06:00:00 GMT</pubDate>
      <description>Surface Transforms PLC announced that Steven Harrison, who initially joined as Interim CFO on March 17, 2025, has been appointed as the permanent Chief Financial Officer and will join the board of directors with immediate effect. Harrison brings over two decades of experience in senior finance roles, including leading two successful AIM IPOs. Harrison currently owns 512,676 ordinary shares in the Company, representing approximately 0.04% of the total issued share capital. Previously, Harrison wa</description>
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      <title>HSBC HOLDINGS PLC ANNOUNCES RESULTS OF ITS TENDER OFFERS FOR FOUR SERIES OF NOTES</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/hsbc-holdings-plc-announces-results-of-its-tender-offers-for-four-series-of-notes-131</link>
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      <pubDate>Tue, 09 Sep 2025 10:52:00 GMT</pubDate>
      <description>HSBC Holdings plc (the &apos;Company&apos;, &apos;we&apos; or &apos;us&apos;) today announces the results of its previously announced four separate offers to purchase for cash any and all of the outstanding series of notes listed in the table below. We refer to the outstanding notes listed in the table below collectively as the &apos;Notes&apos; and separately as a &apos;series&apos; of Notes. We refer to each offer to purchase a series of Notes as an &apos;Offer&apos;, and collectively as the &apos;Offers&apos;.</description>
    </item>
    <item>
      <title>Appointment of Non-Executive Director</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/appointment-of-non-executive-director-75</link>
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      <pubDate>Fri, 05 Sep 2025 06:00:00 GMT</pubDate>
      <description>Surface Transforms PLC announced the appointment of Paul Marr as a Non-Executive Director, effective immediately. Marr, aged 72, brings extensive experience in automotive manufacturing, having spent over 35 years at General Motors and holding senior roles at Getrag, VIA Motors, GAZ Group, and Remy International. He owns no ordinary shares in the Company. Marr currently holds a directorship at PRM Professional Consulting LLC. He previously supported Surface Transforms&apos; operational turnaround plan</description>
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      <title>Result of AGM</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/result-of-agm-308</link>
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      <pubDate>Tue, 22 Jul 2025 13:59:00 GMT</pubDate>
      <description>Result of AGM.</description>
    </item>
    <item>
      <title>Trading and operational progress update</title>
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      <pubDate>Tue, 22 Jul 2025 06:00:00 GMT</pubDate>
      <description>Trading and operational progress update.</description>
    </item>
    <item>
      <title>Year end results and Notice of AGM</title>
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      <pubDate>Tue, 10 Jun 2025 06:00:00 GMT</pubDate>
      <description>Year end results and Notice of AGM.</description>
    </item>
    <item>
      <title>Change from interim to permanent Non-Exec Chair</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/change-from-interim-to-permanent-non-exec-chair</link>
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      <pubDate>Thu, 22 May 2025 14:53:00 GMT</pubDate>
      <description>Change from interim to permanent Non-Exec Chair.</description>
    </item>
    <item>
      <title>Share Incentive Plan – Allocation of Share</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/share-incentive-plan-allocation-of-share</link>
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      <pubDate>Thu, 01 May 2025 06:00:00 GMT</pubDate>
      <description>Share Incentive Plan – Allocation of Share.</description>
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      <title>Financing, trading and operations update</title>
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      <pubDate>Wed, 02 Apr 2025 06:00:00 GMT</pubDate>
      <description>Financing, trading and operations update.</description>
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      <title>CFO retirement</title>
      <link>https://6ix.com/company/surface-transforms-plc/news/cfo-retirement-3</link>
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      <pubDate>Thu, 06 Mar 2025 07:00:00 GMT</pubDate>
      <description>CFO retirement.</description>
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