RNS Number : 9312Q
Hardide PLC
29 January 2026
29 January 2026
Hardide plc
("Hardide", the "Group" or the "Company")
Notification of Major Holdings
Hardide plc (AIM: HDD), the provider of advanced surface coating technology, announces, pursuant to AIM Rule 17, that it understands that as at 31 December 2025:
· Maven Capital Partners UK LLP holds 4,852,416 shares representing 6.16% of the Company's issued share capital (which was originally disclosed to the Company on 6 May 2025 in the form set out below); and
· James Brearley & Sons holds 2,378,020 shares representing 3.02% of the Company's issued share capital.
For further information:
Hardide plc Matt Hamblin (CEO) Simon Hallam (Finance Director)
Tel: +44 (0) 1869 353 830
Cavendish Capital Markets Ltd - Nominated Adviser and Broker Henrik Persson / Elysia Bough (Corporate Finance) Jasper Berry / Dale Bellis (Sales)
Tel: +44 (0) 2072 200 500
Notes to editors:
www.hardide.com
Hardide develops, manufactures and applies advanced technology tungsten carbide/tungsten metal matrix coatings to a wide range of engineering components. Its patented technology is unique in combining in one material, a mix of toughness and resistance to abrasion, erosion and corrosion; together with the ability to coat accurately interior surfaces and complex geometries. The material is proven to offer dramatic improvements in component life, particularly when applied to components that operate in very aggressive environments. This results in cost savings through reduced downtime and increased operational efficiency as well as a reduced carbon footprint. Customers include leading companies operating in the energy sectors, valve and pump manufacturing, industrial gas turbine, precision engineering and aerospace industries.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BJJPX768
Issuer Name
HARDIDE PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An event changing the breakdown of voting rights
3. Details of person subject to the notification obligation
Name
Maven Capital Partners UK LLP
City of registered office (if applicable)
Glasgow
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Name
City of registered office
Country of registered office
Maven Renovar VCT PLC
London
England and Wales
Maven Income and Growth VCT 4 PLC
Glasgow
Scotland
Maven Income and Growth VCT PLC
London
England and Wales
5. Date on which the threshold was crossed or reached
01-May-2025
6. Date on which Issuer notified
06-May-2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8.A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
6.15689
0.000000
6.15689
4852416
Position of previous notification (if applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible)
Number of direct voting rights (DTR5.1)
Number of indirect voting rights (DTR5.2.1)
% of direct voting rights (DTR5.1)
% of indirect voting rights (DTR5.2.1)
GB00BJJPX768
4852416
6.15689
Sub Total 8.A
4852416
6.15689%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument
Expiration date
Exercise/conversion period
Number of voting rights that may be acquired if the instrument is exercised/converted
% of voting rights
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument
Expiration date
Exercise/conversion period
Physical or cash settlement
Number of voting rights
% of voting rights
Sub Total 8.B2
9. Information in relation to the person subject to the notification obligation
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Maven Renovar VCT PLC was previously Amati AIM VCT plc.
The name change occurred following a change of Investment Manager from Amati Global Investors (AGI) to Maven Capital Partners UK LLP (Maven).
12. Date of Completion
06-May-2025
13. Place Of Completion
Glasgow
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