Exercise of Options

RNS Number : 8861F
Surface Transforms PLC
09 November 2022

9 November 2022

Surface Transforms plc

("Surface Transforms" or the "Company")


Exercise of Options


Surface Transforms (AIM: SCE) announces that the Company was notified on 9 November 2022 that 3 employees, who are not PDMRs, have exercised options over a total of 60,000 ordinary shares of 1p each in the Company ("Ordinary Shares"). The shares were exercised at a price of 15.25p per Ordinary Share.


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 60,000 new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence at 8.00 a.m. on 15 November 2022. Following Admission, the total number of voting rights in the Company will be 240,379,900 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, Chairm an

Kevin Johnson, CEO

Michael Cunningham, CFO


Zeus (Nominated Adviser and Joint Broker) 

+44 203 829 5000  

David Foreman / Dan Bate / James Edis (Investment Banking)

Dominic King (Corporate Broking)

finnCap Ltd (Joint Broker)

+44 20 7220 0500

Ed Frisby / Abigail Kelly (Corporate Finance)

Andrew Burdis / Barney Hayward (ECM)

For further Company details, visit www.surfacetransforms.com


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