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Surface Transforms ( (GB:SCE) ) has issued an announcement.
Surface Transforms announced that Steven Harrison, a Person Discharging Managerial Responsibilities (PDMR), purchased 512,676 ordinary shares of the company at a price of 0.9753 pence per share. This transaction reflects a minor increase in his stake, representing 0.04% of the total voting rights, potentially indicating confidence in the company’s future prospects.
More about Surface Transforms
Surface Transforms plc is a company that develops and produces carbon‐ceramic material automotive brake discs. It is the UK’s only manufacturer of carbon‐ceramic brake discs and one of only two mainstream companies globally in this niche market. The company serves major OEMs in the global automotive markets, utilizing proprietary Carbon Ceramic Technology to create lightweight, high-performance brake discs for both internal combustion engine cars and electric vehicles.
Average Trading Volume: 17,586,388
Technical Sentiment Signal: Sell
Current Market Cap: £12.7M
Learn more about SCE stock on TipRanks’ Stock Analysis page.