Surface Transforms plc

finnCap have advised Surface Transforms (AIM:SCE), manufacturers of carbon fibre reinforced ceramic materials, on their £1.9m placing.

The funds raised will allow the business to grow and develop, with far less dependence on the timing of SOP for OEM 6. The net proceeds of the Placing will fund the further advancement and strengthening of IP, the acquisition of capital plant and for general working capital purposes