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Exercise of Options

19 Apr 2021 17:46

RNS Number : 9517V
Surface Transforms PLC
19 April 2021
 

Surface Transforms plc

("Surface Transforms" or the "Company")

 

Exercise of Options

 

 

Surface Transforms (AIM: SCE) announces that the Company was notified on 16 April 2021 that Steve Harvey, who is a PDMR, has exercised options over a total of 70,000 ordinary shares of 1p each in the Company ("Ordinary Shares"). The options were exercised at a price of 15.25p per Ordinary Share. Mr. Harvey intends to register the Ordinary Shares in his ISA. Following the option exercise Mr. Harvey will be beneficially interested in 153,665 Ordinary Shares.

 

Admission and Total Voting Rights

 

The new Ordinary Shares will, when issued, rank pari passu in all respects with the existing Ordinary Shares of the Company. Application will be made for the 70,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 23 April 2021. Following Admission, the total number of voting rights in the Company will be 195,108,319 and shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

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

Mr. Steve Harvey

2

Reason for notification

 

 

 

a.

Position/Status

PDMR

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

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

Exercise of Options for Ordinary Shares in the Company

 

c.

Price(s) and volume(s)

- Transaction 1 (Purchase)

 

 

Price(s)

Volume(s)

15.25p

70,000

d.

Aggregated information

- Transaction 1

(purchase)

 

Price(s)

Aggregated volume(s)

Aggregated Total

15.25p

70,000

£10,675

e.

Date of the transaction

16/04/2021

f.

Place of the transaction

London Stock Exchange

 

 

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DSHDZGMDVLDGMZM
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