22nd May 2025 15:53
Surface Transforms plc
("Surface Transforms" or "the Company")
Change from interim to permanent Non-Executive Chair
Surface Transforms (AIM:SCE), manufacturers of carbon fibre reinforced ceramic automotive brake discs, is pleased to announce Ian Cleminson has agreed to become permanent Non-Executive Chair with immediate effect, having originally assumed the role on an interim basis on 6th November 2024.
Ian Cleminson said "I became interim Chair at a very difficult moment for the Company and immediately refocused the Board and Management on operational improvement and cash management. While there remains a lot to do, we have made substantial progress. I hope that by agreeing to become permanent Chair it demonstrates my belief that the Company is now better positioned for success. I look forward to updating shareholders with further details in due course."
For enquiries, please contact:
Surface Transforms plc | +44 151 356 2141 |
Ian Cleminson, Chair | |
Kevin Johnson CEO | |
Zeus (Nominated Adviser and Broker) | +44 203 829 5000 |
David Foreman / James Edis (Investment Banking) | |
Dominic King (Corporate Broking) | |
About Surface Transforms
Surface Transforms plc. (AIM:SCE) develops and produces carbon‐ceramic material automotive brake discs. The Company is the UK's only manufacturer of carbon‐ceramic brake discs, and only one of two mainstream carbon ceramic brake disc companies in the world, serving customers that include major OEMs in the global automotive markets.
The Company utilises its proprietary next generation Carbon Ceramic Technology to create lightweight brake discs for high‐performance road and track applications for both internal combustion engine cars and electric vehicles. While competitor carbon‐ceramic brake discs use discontinuous chopped carbon fibre, Surface Transforms interweaves continuous carbon fibre to form a 3D matrix, producing a stronger and more durable product with improved heat conductivity compared to competitor products; this reduces the brake system operating temperature, resulting in lighter and longer life components with superior brake performance. These benefits are in addition to the benefits of all carbon‐ceramic brake discs vs. iron brake discs: weight savings of up to 70%, longer product life, consistent performance, reduced brake pad dust and corrosion free.
The Company holds the London Stock Exchange's Green Economy Mark.
For additional information please visit www.surfacetransforms.com
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Surface Transforms