Last checked at 2 Apr 2007 15:52
2 April 2007 Surface Transforms plc (the "Company") Director's shareholding
The Company announces that Julio Faria, Technical Director, has today sold 500,000 ordinary shares in the Company at 19p per share, equivalent to 3.56 per cent of the issued voting share capital of the Company. Mr Faria now holds 1,857,845 ordinary shares in the Company, equivalent to 13.24 per cent of the issued voting share capital of Surface Transforms.
Mr Faria, who founded the Company in 1992, sold the shares to meet institutional demand.
Mr Faria will be stepping down from the position of Technical Director on the30 November 2007. The intention is he will continue as a non-executive of theCompany,ENQUIRIES:Surface Transforms plc Geoff Hall Tel: 0151 356 2141 Kevin Johnson John East & Partners Limited Simon Clements/David Worlidge Tel: 020 7628 2200 Teather & Greenwood Limited Sindre Ottesen Tel: 020 426 9000
SURFACE TRANSFORMS PLC