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- This share is currently suspended. It was suspended at a price of 0.112
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Surface Transforms Get Quality Certification, Making Progress In Talks
LONDON (Alliance News) - Surface Transforms PLC on Thursday said it has secured the TS16949 quality certification, sending its shares higher in early trade.
The certification is the quality management standard for the automotive industry and a pre-requisite for supplying the mainstream automotive market.
The company, which manufacturers carbon fibre reinforced ceramic materials, said it has also made progress in talks with British and German manufacturers and said it is working on other automotive programmes.
"We are delighted with achieving TS 16949 certification which further strengthens the company's business processes. We are also excited and pleased with the customer feedback and progress being made in the automotive game changing opportunities," said Chief Executive Kevin Johnson.
Surface Transforms shares were up 16% on the news to 15.5 pence in opening trade, one of the best performers in the AIM All-Share.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Latest SCE News
- Surface Transforms Revenue Doubles But Is Behind Expectations
10 Jan 2020 - UK Shareholder Meetings Calendar - Next 7 Days
23 Oct 2019 - Surface Transforms to supply brake discs to 'major' automotive firm
26 Sep 2019 - Surface Transforms Secures GBP400,000 Brake Disc Supply Contract
26 Sep 2019 - Surface Transforms Loss Widens On Contract Delays And Payroll Costs
9 Sep 2019 - Surface Transforms finalises deal with unnamed German manufacturer
27 Aug 2019 - Surface Transforms Inks Brake Discs Deal With German Car Maker
27 Aug 2019 - Surface Transforms upbeat on recent contract activity
28 Jun 2019
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