Rights Issue: 1 new share @ 0.155 GBP for 27.996084 existing shares

Surface Transforms plc is a United Kingdom-based company that develops and produces carbon-ceramic material automotive brake discs. The Company manufactures and sales carbon fiber materials and develops technologies associated with this. It also conducts research and development into better performing carbon ceramic discs. The Company utilizes its Carbon Ceramic Technology to create lightweight brake discs for high-performance road and track applications for both internal combustion engine cars and electric vehicles. It interweaves continuous carbon fiber to form a three-dimensional matrix, producing a product with improved heat conductivity; this reduces the brake system operating temperature, resulting in lighter and longer life components with improved brake performance. It works with a number of automotive manufacturers including original equipment manufacturers and niche market/low volume car builders, designing and supplying carbon-ceramic brakes for a wide range of application.