The latest update is out from Surface Transforms ( (GB:SCE) ).
Surface Transforms announced that Dr. Kevin Johnson, a person discharging managerial responsibilities, purchased over 10 million ordinary shares in the company, increasing his total shareholding to 1.15% of the company’s voting rights. This transaction reflects confidence in the company’s strategic direction and potential growth, potentially impacting stakeholder perceptions and the company’s market positioning.
More about Surface Transforms
Surface Transforms plc is a UK-based company that develops and produces carbon-ceramic material automotive brake discs. It is the only manufacturer of such discs in the UK and one of only two mainstream companies globally. The company serves major OEMs in the global automotive markets, utilizing proprietary technology to create lightweight, high-performance brake discs for both internal combustion and electric vehicles. Surface Transforms’ products offer significant advantages over traditional iron brake discs, including weight savings, longer life, and superior performance.
YTD Price Performance: -14.13%
Average Trading Volume: 5,969,770
Technical Sentiment Signal: Buy
Current Market Cap: £5.14M
See more data about SCE stock on TipRanks’ Stock Analysis page.