Surface Transforms plc (LON:SCE), manufacturers of carbon fibre reinforced ceramic brake discs, reminds shareholders of its Annual General Meeting to be held today, Thursday 30 June 2022 at 11:00 a.m. at the offices of finnCap, 1 Bartholomew Close, London, EC1A 7BL.
Following the conclusion of the AGM, at approximately 11.15 a.m., Kevin Johnson, (CEO), will provide a presentation on both sales and operations progress. A separate and more detailed trading update for H1-2022, including half-year sales and cash numbers, will be provided before the overspill Capital Markets Day on 7 July.
Within the presentation, Kevin Johnson will advise that following communication from OEM 8 on an imminent start of production (SOP) delivery date and subsequent series delivery schedules, the Company has now commenced series production. In light of this news, and in addition to continuing deliveries to all its other significant customers, the Board is pleased to restate the guidance provided in the Chairman’s report in the 2021 preliminary results; “The Company continues its journey to profitability in 2022 and remains confident that this goal will be achieved, whilst maintaining our commitment to environmental and social goals.”
The presentation will also be available on the Company’s website: www.surfacetransforms.com after the conclusion of the meeting.
