SURFACE TRANSFORMS PLC — Director's Dealing 2021

Apr 13, 2021

National Storage Mechanism | Additional information

RNS Number : 2190V

Surface Transforms PLC

13 April 2021

13 April 2021

Surface Transforms plc

("Surface Transforms" or the "Company")

Director Dealing

Surface Transforms plc (AIM: SCE) announces that the Company was notified on 12 April 2021 that David Bundred, Chairman of the Company, and his wife sold and repurchased an aggregate 57,628 ordinary shares of 1p each in the Company ("Ordinary Shares") through a Bed and ISA arrangement.

Specifically, on 12 April 2021, David Bundred sold a total of 28,814 Ordinary Shares at a price of 69.0p per Ordinary Share and on the same date repurchased 28,814 Ordinary Shares at a price of 69.1p per Ordinary Share into his ISA fund. On 12 April his wife Stella Bundred sold 28,814 Ordinary Shares at a price of 69.0p per Ordinary Share and on the same date re purchased 28,814 shares at a price of 69.1p 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

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 instrument

Identification Code

Ordinary Shares of 1p each

ISIN: GB0002892528

b.

Nature of the transaction

Sale of 28,814 ordinary shares of 1p each in the Company ("Ordinary Shares") where 28,814 Ordinary Shares were immediately repurchased by David Bundred through a Bed and ISA arrangement, and 28,814 Ordinary Shares were sold by his wife and immediately re purchased by his wife through a Bed and ISA arrangement.

c.

Price(s) and volume(s)

Transaction	Price(s)	Volume(s)
1.   David Bundred sale	69.0p	28,814
2.   David Bundred repurchase	69.1p	28,814
3.   Stella Bundred sale	69.0p	28,814
4.   Stella Bundred repurchase	69.1p	28.814

d.

Aggregated information

Transaction	Price(s)	Aggregated volume(s)	Aggregated Total
1.	69.0p	28,814	£19,881.66
2.	69.1p	28,814	£19,910.47
3.	69.0p	28,814	£19,881.66
4.	69.1p	28,814	£19,910.47

e.

Date of the transaction

12/04/21

f.

Place of the transaction

London Stock Exchange

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