Last checked at 30 Nov 2020 09:48
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")
Director Dealing
Surface Transforms plc (AIM: SCE) announces that the Company was notified on 30 November 2020 that David Bundred, Chairman of the Company, and his wife sold and repurchased an aggregate 54,072 ordinary shares of 1p each in the Company ("Ordinary Shares") through a Bed and ISA arrangement.
Specifically, on 27 November 2020, David Bundred sold a total of 27,036 Ordinary Shares at a price of 46p per Ordinary Share and on the same date repurchased 27,036 Ordinary Shares at a price of 46.1p per Ordinary Share into his ISA fund. On 27 November 2020 his wife Stella Bundred sold 27,036 Ordinary Shares at a price of 46p per Ordinary Share and on the same date re purchased 27,036 shares at a price of 46.1p into her ISA fund
Following the above transactions, Mr Bundred remains beneficially interested in 1,310,025 Ordinary Shares amounting to 0.8% of the voting capital of the Company.
- Ends -
For Enquiries please contact
Surface Transforms plc. +44 151 356 2141
David Bundred, Chairman
Kevin Johnson, CEO
Michael Cunningham CFO
Zeus Capital Limited (Nominated Advisor and Joint Broker) +44 203 829 5000
Dan Bate / David Foreman / Jordan Warburton (Corporate Finance)
Dominic King (Corporate Broking)
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
Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated with them ("PCA")
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 | David Bundred | |||||||||||||||
2 | Reason for notification |
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a. | Position/Status | PDMR Chairman | |||||||||||||||
b. | Initial notification/ Amendment | Initial Notification | |||||||||||||||
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 the financial instrument, type of instrumentIdentification Code | Ordinary Shares of 1p each ISIN: GB0002892528 | |||||||||||||||
b. | Nature of the transaction | Sale of 27,036 ordinary shares of 1p each in the Company ("Ordinary Shares) where 27,036 Ordinary Shares were immediately repurchased by him through a Bed and ISA arrangement, and 27,036 Ordinary Shares were sold by his wife and immediately re purchased by his wife through a Bed and ISA arrangement..
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c. | Price(s) and volume(s)
- Transaction 1 (sale)
- Transaction 2 (purchase)
- Transaction 3 (sale)
- Transaction 4 (sale)
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d. | Aggregated information
- Transaction 1 (sale)
- Transaction 2 (purchase)
- Transaction 3 (sale)
- Transaction 4 (purchase)
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e. | Date of the transaction | 27/11/20 | |||||||||||||||
f. | Place of the transaction | London Stock Exchange | |||||||||||||||