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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Surface Transforms Plc | LSE:SCE | London | Ordinary Share | GB0002892528 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.20 | -6.15% | 3.05 | 3.00 | 3.10 | 3.25 | 3.05 | 3.25 | 1,578,276 | 11:05:23 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Engineering Services | 5.12M | -4.78M | -0.0198 | -1.54 | 7.37M |
From Apr 2023 to Apr 2024
TIDMSCE
RNS Number : 2020B
Surface Transforms PLC
31 May 2023
31 May 2023
Surface Transforms plc
("Surface Transforms" or the "Company)
Posting of Annual Report and Notice of AGM
Surface Transforms (AIM:SCE) manufacturers of carbon fibre reinforced ceramic automotive brake discs announces that its Annual Report for the year ended 31 December 2022 and its Notice of Annual General Meeting ('AGM') will be posted to shareholders today.
The documents will also be made available to view at the Investors section of the Company website:
https://www.surfacetransforms.com/investors/reports-and-presentations/
Surface Transforms' AGM will take place at the offices of finnCap at One Bartholomew Close, London, EC1A 7BL on Tuesday 27 June 2023 at 10:00 am.
For enquiries, please contact:
Surface Transforms plc David Bundred, Chairman Kevin Johnson, CEO +44 151 356 2141 Zeus (Nominated Advisor and Joint Broker) David Foreman / Dan Bate / James Edis (Investment Banking) Dominic King (Corporate Broking) +44 203 829 5000 finnCap Ltd (Joint-Broker) Ed Frisby / Abigail Kelly (Corporate Finance) Andrew Burdis / Barney Hayward (ECM) +44 20 7220 0500
About Surface Transforms
Surface Transforms plc. (AIM:SCE) develop and produce carbon--ceramic material automotive brake discs. The Company is the UK's only manufacturer of carbon--ceramic brake discs, and only one of two mainstream carbon ceramic brake disc companies in the world, serving customers that include major OEMs in the global automotive markets.
The Company utilises its proprietary next generation Carbon Ceramic Technology to create lightweight brake discs for high--performance road and track applications for both internal combustion engine and electric vehicles. While competitor carbon--ceramic brake discs use discontinuous chopped carbon fibre, Surface Transforms interweaves continuous carbon fibre to form a 3D matrix, producing a stronger and more durable product with improved heat conductivity compared to competitor products; this reduces the brake system operating temperature, resulting in lighter and longer life components with superior brake performance. These benefits are in addition to the benefits of all carbon--ceramic brake discs vs. iron brake discs: weight savings of up to 70%, longer product life, consistent performance, reduced brake pad dust and corrosion free.
For additional information please visit www.surfacetransforms.com
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(END) Dow Jones Newswires
May 31, 2023 07:51 ET (11:51 GMT)
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