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Surface Transforms Chairman Increases Stake with Major Share Purchase

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Surface Transforms Chairman Increases Stake with Major Share Purchase

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An update from Surface Transforms ( (GB:SCE) ) is now available.

Surface Transforms announced that Ian Cleminson, a Person Discharging Managerial Responsibilities (PDMR), purchased 2,688,172 ordinary shares of the company, increasing his stake to 0.42% of the total voting rights. This transaction may indicate confidence in the company’s future prospects and could impact investor sentiment positively.

More about Surface Transforms

Surface Transforms plc is a UK-based company specializing in the development and production of carbon-ceramic material automotive brake discs. It is the only manufacturer of such products in the UK and one of only two mainstream companies globally. The company serves major OEMs in the global automotive market, offering advanced brake discs for both internal combustion and electric vehicles, utilizing proprietary technology for enhanced performance.

Average Trading Volume: 17,586,388

Technical Sentiment Signal: Sell

Current Market Cap: £12.7M

See more data about SCE stock on TipRanks’ Stock Analysis page.

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