Surface Transforms PLC Director/PDMR Shareholding (3272K)
07 July 2017 - 12:00AM
UK Regulatory
TIDMSCE
RNS Number : 3272K
Surface Transforms PLC
06 July 2017
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
Surface Transforms plc
("Surface Transforms" or the "Company")
Director Dealing
Surface Transforms plc (AIM: SCE) announces that the Company was
notified on 6 July 2017 that David Bundred, Chairman of the
Company, sold a total of 249,376 ordinary shares of 1p each in the
Company ("Ordinary Shares) at a price of 16p per Ordinary Share
where 124,688 Ordinary Shares were immediately repurchased by him
at a price of 16.02p per share through a Bed and ISA arrangement,
while 124,688 Ordinary Shares were purchased by his wife at a price
of 16.02p per share through a Bed and ISA arrangement.
Following the above transaction, Mr. Bundred remains
beneficially interested in 733,341 Ordinary Shares which equates to
approximately 0.81 per cent. of the Company's total issued share
capital.
- Ends -
For enquiries, please contact:
Surface Transforms plc
Kevin Johnson, CEO +44 151 356 2141
David Bundred, Chairman +44 7785 388 848
Cantor Fitzgerald Europe (Nomad
& Joint-Broker) +44 20 7894 7000
David Foreman, Michael Reynolds
(Corporate Finance)
Alex Pollen (Sales)
FinnCap Ltd (Joint-Broker) +44 20 7220 0500
Stephen Norcross / Nikita Jain
(Corporate Broking)
Ed Frisby / Giles Rolls (Corporate
Finance)
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/ Initial Notification
Amendment
------- ------------------------------------ -------------------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---------------------------------------------------------------------------------------------
a. Name Surface Transforms plc
------- ------------------------------------ -------------------------------------------------------
b. LEI N/A
------- ------------------------------------ -------------------------------------------------------
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 Ordinary Shares of 1p each
of the financial
instrument,
type of instrument
ISIN: GB0002892528
Identification
Code
------- ------------------------------------ -------------------------------------------------------
b. Nature of Sale of 249,376 ordinary shares
the transaction of 1p each in the Company ("Ordinary
Shares) where 124,688 Ordinary
Shares were immediately repurchased
by him through a Bed and ISA arrangement,
while 124,688 Ordinary Shares
were purchased by his wife through
a Bed and ISA arrangement.
------- ------------------------------------ -------------------------------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s) ------------- --------------
16.00p 249,376
* Transaction 1 (sale) ------------- --------------
16.02p 124,688
------------- --------------
16.02p 124,688
* Transaction 2 (purchase) ------------- --------------
* Transaction 3 (purchase)
------- ------------------------------------ -------------------------------------------------------
d. Aggregated Price(s) Aggregated Aggregated
information volume(s) Total
------------- --------------- -----------------
* Transaction 1 (purchase) 16.00p 249,376 GBP39,900.16
------------- --------------- -----------------
16.02p 124,688 GBP19,975.02
------------- --------------- -----------------
* Transaction 2 (sale) 16.02p 124,688 GBP19,975.02
------------- --------------- -----------------
* Transaction 3 (purchase)
------- ------------------------------------ -------------------------------------------------------
e. Date of the 2017-07-06
transaction
------- ------------------------------------ -------------------------------------------------------
f. Place of the London Stock Exchange
transaction
------- ------------------------------------ -------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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