(Alliance News) - Shares in Surface Transforms PLC sank on Tuesday, after the company said it was continuing to remedy production problems at its Liverpool site and announced a delay to the publication of its 2023 financial results. Read More
(Alliance News) - Surface Transforms PLC on Monday maintained its revenue guidance for 2024 as it hailed a "very positive" outlook for 2024 to 2027. Read More
(Alliance News) - (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Surface Transforms PLC said it raised money via an open offer of shares. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed mixed on Friday, as some soft US data seemingly confirmed that the central banks are done with interest rate hikes, at least for now. Read More
(Alliance News) - Stock prices in London were mixed at midday Friday, as investors eye the "big economic event of the day", which is the US employment report. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Surface Transforms PLC shares dropped sharply on Friday, after the company said it was cutting its sales guidance for 2023 due to ongoing challenges. Read More
(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains. Read More
(Alliance News) - London's FTSE 100 is called to open higher on Friday, following a positive handover from Asia, putting it on track for its strongest weekly gain since mid-September. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
Surface Transforms PLC - Liverpool-based carbon‐ceramic automotive brake disc manufacturer - Announces selection as tier one sole supplier of its brake discs to an existing mainstream customer named as OEM 10, "one of the world's largest automotive [original equipment manufacturers]". Company's discs will be used in a range of new electric vehicles, with production expected to start in 2027. Expects lifetime revenue on this range to exceed GBP100 million. Deal increases the value of its awarded lifetime contracts to over GBP390 million. It will require capacity beyond its current factory footprint and phase 2 capacity investment programme, but Surface Transforms has "sufficient time to implement the third phase...to provide GBP150 million per year of total sales capacity." Read More
(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Surface Transforms PLC - Liverpool-based maker of carbon‐ceramic material automotive brake discs - Non-Executive Chair David Bundred and non-executive directors Ian Cleminson, Julia Woodhouse, and Matthew Taylor - constituting all the board's non-executive directors - buy 930,608 shares in total, at average price of 32.22 pence, worth GBP300,000, on Wednesday this week and Friday last week. Bundred now has 1.6 million shares, a 0.6% stake, while the other three have less than 750,000 shares each. Read More
Surface Transforms PLC - Liverpool-based manufacturer of carbon fibre-reinforced ceramic materials - Says sales for the six months to June 30 are expected to be about GBP3.3 million, up 14% from GBP2.9 million a year before. Says within this total, the volume of manufactured discs during the period increase by more than 80%, reflecting the "improvements made in production during 2023; the remainder of the sales in both periods is pre-production development income". Read More