SCE

Surface Transforms open offer oversubscribed, raises £3.0m

Surface Transforms plc (LON:SCE) announces successful over-subscription of Open Offer, raising £3.0m. Find out more about their latest funding update...

Surface Transforms successfully raises gross proceeds of £6.5 million

Surface Transforms plc (LON:SCE) has raised £6.5 million through a successful placing, offering growth potential for their carbon fibre brake discs...

Surface Transforms Proposed Placing and Subscription to raise approximately £6.5 million

Surface Transforms plc (LON:SCE) is proposing a fundraising of approximately £6.3 million for working capital and manufacturing scale-up...

Surface Transforms sales anticipated to grow by a minimum of 111% in 2024

Surface Transforms plc (LON:SCE) anticipates significant sales growth in 2024, with projections ranging from £17.5m to £22m. CEO Kevin Johnson underscores commitment to achieving the higher end of this range...

Surface Transforms provides Sales Update and Operational Progress

Surface Transforms plc (LON:SCE) provides a sales update for Q1 2024, reconfirming £23m sales guidance. CEO Kevin Johnson discusses key operational challenges and upcoming board changes. Further details expected in..

Surface Transforms trading update FY23 revenue grew 63% to £8.3m

Surface Transforms plc (LON:SCE), manufacturers of carbon fibre reinforced ceramic automotive brake discs, has provided the following pre-close trading and operations update for the year to 31 December 2023. Trading..

Surface Transforms Over-Subscribed Placing and Open Offer

Surface Transforms (LON:SCE), manufacturers of carbon fibre reinforced ceramic automotive brake discs has announced that the Open Offer was significantly over-subscribed, raising gross proceeds of £2.7m. Applications were received for 27,420,745 Open..

Surface Transforms order book has grown dramatically

In the past two years, Surface Transforms plc (LON:SCE) has quadrupled its order book, raised monthly sales run rates from £0.2m to £1.0m and expanded its capacity four-fold to a..

Surface Transforms Shareholder Presentation 22nd November

Surface Transforms plc (LON:SCE) developers and producers of carbon‐ceramic material automotive brake discs, reminds Shareholders that the Company will provide a live presentation regarding its recently announced equity fundraising to..

Surface Transforms £100m new business award from OEM 10

Surface Transforms (LON:SCE), manufacturers of carbon fibre reinforced ceramic automotive brake discs, has announced that it has been notified of its selection as a tier one supplier of a carbon..

Surface Transforms “considerable strategic progress”

Surface Transforms plc (LON:SCE) interims, yesterday, reported a loss, so the chairman’s statement of “considerable strategic progress” is notable. We concur. The automotive brake market is strong, all the more..

Surface Transforms growth in production throughout 2023 is expected to continue

Surface Transforms (LON:SCE) manufacturers of carbon fibre reinforced ceramic automotive brake discs, has provided its unaudited interims results for the six months ended 30 June 2023 (“H1-2023”). Financial highlights: ·    Revenue..

Surface Transforms extra capacity is still on track for ramp up in H2

Surface Transforms (LON:SCE), manufacturer of carbon fibre reinforced ceramic brake disc materials has provided the following trading update for the six months to 30 June 2023. As reported at the..

Surface Transforms Directors increase holding in company

Surface Transforms plc (LON:SCE) has announced that the Company was notified on 19 July 2023 that all of the Company’s non-executive directors, David Bundred (Chairman), Ian Cleminson, Julia Woodhouse and..

Surface Transforms AGM to show manufacturing output continues to improve

Surface Transforms (LON:SCE), manufacturers of carbon fibre reinforced ceramic brake discs, has reminded shareholders of its Annual General Meeting (AGM) to be held today, Tuesday 27 June 2023 at 10:00..

Surface Transforms Awarded London Stock Exchange’s Green Economy Mark

Surface Transforms plc (LON:SCE) manufacturers of carbon fibre reinforced ceramic automotive brake discs, has announced that the Company has received London Stock Exchange’s Green Economy Mark. The award, first introduced..

Surface Transforms appoint Isabelle Maddock as new Chief Financial Officer

Surface Transforms plc (LON:SCE) manufacturers of carbon fibre reinforced ceramic automotive brake discs, is pleased to announce the appointment of Isabelle Maddock as Chief Financial Officer (“CFO”) and an Executive..

Surface Transforms appoint Stephen Easton as new Chief Operating Officer

Surface Transforms (LON:SCE) manufacturers of carbon fibre reinforced ceramic automotive brake discs, has announced the appointment of Stephen Easton as the new (non-board) Chief Operating Officer, effective 4 September 2023...

Surface Transforms firm order book of £300m with prospective contract pipeline of £393m (LON:SCE)

Surface Transforms plc (LON:SCE) is the topic of conversation when Hardman and Co’s Analyst Mike Foster caught up with DirectorsTalk for an exclusive interview. Q1: Mike, there have been estimate..

Surface Transforms: A major quantum production ramp up now secured

Surface Transforms plc (LON:SCE) final results were announced on 17 April, together with 1Q’23 sales and an update on the now rectified major production hiccough. In November 2022, SCE announced..

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SCE

Surface Transforms open offer oversubscribed, raises £3.0m

Surface Transforms plc (LON:SCE) announces successful over-subscription of Open Offer, raising £3.0m. Find out more about their latest funding update...

Surface Transforms successfully raises gross proceeds of £6.5 million

Surface Transforms plc (LON:SCE) has raised £6.5 million through a successful placing, offering growth potential for their carbon fibre brake discs...

Surface Transforms Proposed Placing and Subscription to raise approximately £6.5 million

Surface Transforms plc (LON:SCE) is proposing a fundraising of approximately £6.3 million for working capital and manufacturing scale-up...

Surface Transforms sales anticipated to grow by a minimum of 111% in 2024

Surface Transforms plc (LON:SCE) anticipates significant sales growth in 2024, with projections ranging from £17.5m to £22m. CEO Kevin Johnson underscores commitment to achieving the higher end of this range...

Surface Transforms provides Sales Update and Operational Progress

Surface Transforms plc (LON:SCE) provides a sales update for Q1 2024, reconfirming £23m sales guidance. CEO Kevin Johnson discusses key operational challenges and upcoming board changes. Further details expected in May...
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