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Director dealings: Surface Transforms CEO raises stake

(Sharecast News) - Surface Transforms revealed on Tuesday that chief executive Dr Kevin Johnson had acquired 10.18m ordinary shares in the AIM-listed manufacturer. Johnson purchased the shares on Friday at an average price of 0.38p each, for a total value of £38,250.48.

Following the transaction, Johnson now holds a beneficial interest in 14.94m ordinary Surface Transforms shares, representing 1.15% of the company's total voting rights.

As of 1620 BST, Surface Transforms shares surged 39.24% to 0.55p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Capricorn Energy (CNE) Director name: Mistry,Sachin Amount purchased: 114,274 @ 234.31p Value: £267,755.42

Capricorn Energy (CNE) Director name: Mistry,Sachin Amount purchased: 50,000 @ 250.00p Value: £125,000.00

Surface Transforms (SCE) Director name: Johnson,Kevin Amount purchased: 10,181,122 @ 0.38p Value: £38,250.48

Orosur Mining Inc (OMI) Director name: Schirnding,Nick von Amount purchased: 184,000 @ 10.90p Value: £20,056.00

Creightons (CRL) Director name: Bird,Jemima Amount purchased: 62,669 @ 31.90p Value: £19,991.41

Fadel Partners, Inc (di) (FADL) Director name: Gruttadauria,Joseph (Joe) Michael Amount purchased: 20,000 @ 70.00p Value: £14,000.00

Lancashire Holdings Limited (LRE) Director name: Broadley ,Philip Amount purchased: 1,800 @ 582.75p Value: £10,489.57

Fusion Antibodies (FAB) Director name: Kinkaid,Adrian Amount purchased: 100,000 @ 6.18p Value: £6,180.00

Creightons (CRL) Director name: Bird,Jemima Amount purchased: 15,000 @ 34.00p Value: £5,100.00

Rua Life Sciences (RUA) Director name: Smith,Lachlan Amount purchased: 20,228 @ 11.86p Value: £2,399.04

Top Director Sells

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.