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SURFACE TRANSFORMS PLC Director's Dealing 2021
7937_dirs_2021-04-22_478eb8cf-d4de-4cb7-8232-44ed203088f2.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 3683W
Surface Transforms PLC
22 April 2021
Surface Transforms plc
("Surface Transforms" or the "Company")
Director Dealing
Surface Transforms plc (AIM: SCE) announces that the Company was notified on 22 April 2021 that Group 14 Ltd, a company wholly owned by Richard Gledhill, a non-executive director of the Company, and his wife, Lorraine Gledhill, sold 400,000 ordinary shares of 1p each in the Company ("Ordinary Shares"). These shares were then purchased by Richard and Lorraine into their respective SIPP's and ISA's.
Specifically, on 22 April 2021, Group 14 Ltd, sold 400,000 Ordinary Shares at a price of 68.5p per Ordinary Share and on the same date Richard Gledhill repurchased an aggregate of 245,000 Ordinary Shares at the same price, split 160,000 and 85,000 into his SIPP and ISA fund respectively. On 22 April 2021, Richard's wife Lorraine Gledhill repurchased an aggregate of 155,000 Ordinary Shares also at 68.5p per Ordinary Share split 115,000 and 40,000 between her SIPP and ISA fund respectively.
Following the above transactions, Mr Gledhill's beneficial interest is unchanged at 15,013,346 Ordinary Shares, representing 7.7% of the voting capital of the Company.
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 |
| David Foreman / Dan Bate / 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) |
The notification below is made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018.
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
Richard Gledhill
2
Reason for notification
a.
Position/Status
PDMR
Non Executive Director
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 400,000 ordinary shares of 1p each in the Company ("Ordinary Shares) where 400,000 Ordinary Shares were sold by Group 14 Ltd a Company wholly owned by Richard Gledhill and his wife, with 245,000 repurchased by Richard Gledhill through his SIPP and ISA, and 155,000 Ordinary Shares by Richard's wife's SIPP and ISA.
c.
Price(s) and volume(s)
- Transaction 1 (sale)
- Transaction 2
(purchase - Richard Gledhill's SIPP and ISA)
- Transaction 3
(Purchase - Lorraine Gledhill's SIPP and ISA)
| Price(s) | Volume(s) |
| 68.5p | 400,000 |
| 68.5p | 245,000 |
| 68.5p | 155,000 |
d.
Aggregated information
- Transaction 1 (sale)
- Transaction 2
(purchase - Richard Gledhill's SIPP and ISA)
Transaction 3 (Lorraine Gledhill's SIPP and ISA)
| Price(s) | Aggregated volume(s) | Aggregated Total |
| 68.5p | 400,000 | £274,000 |
| 68.5p | 245,000 | £167,825 |
| 68.5p | 155,000 | £106,175 |
e.
Date of the transaction
22/04/2021
f.
Place of the transaction
London Stock Exchange
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