REG - Hardide PLC - Director Dealing

HardideAnnouncement

03/08/2020 12:20

RNS Number : 9575U
  
Hardide PLC
  
03 August 2020
  
 

3 August 2020
 
Hardide plc
 
("Hardide" or "the Group" or "the Company")
 
Director Dealing
 
Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that it has been notified that on 3 August 2020, Philip Kirkham (CEO) and Robert Goddard (Chairman) bought 20,000 and 37,000 ordinary shares respectively of 4.0 pence each in the capital of the Company ("Ordinary Shares") each at a price of 27 pence per Ordinary Share.
 
Following the Sale, Mr Kirkham has a beneficial interest in 101,490 Ordinary Shares and Mr Goddard has a beneficial interest in 406,807 Ordinary Shares, representing approximately 0.2% and 0.8% of the issued share capital of the Company respectively. 
 



Enquiries:


 




 
Hardide plc
Robert Goddard, Non-Executive Chairman
Philip Kirkham, CEO
Jackie Robinson, Communications Manager


 
 
Tel: +44 (0) 1869 353830




 
IFC Advisory
Graham Herring / Tim Metcalfe / Florence Chandler


 
Tel: +44 (0) 20 3934 6630




 
finnCap - Nominated Adviser and Joint Broker
Henrik Persson / Matthew Radley (corporate finance)
Richard Chambers (ECM)
 
Allenby Capital- Joint Broker
Jeremy Porter / Tony Quirke


 
Tel: +44 (0) 20 7220 0500  
 
 
Tel: +44 (0) 20 3328 5656   



Notes to editors:
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. Customers include leading companies operating in oil and gas exploration and production, valve and pump manufacturing, precision engineering and aerospace industries.
www.hardide.com
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Philip Kirkham




2.


Reason for the Notification




a)


Position/status


Chief Executive Officer




b)


Initial notification/Amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Hardide plc




b)


LEI


213800HLAUIIFKMU5G89




4.


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)


Description of the Financial instrument, type of instrument


Ordinary Shares of 4 pence each




Identification code


GB00BJJPX768




b)


Nature of the transaction


Sale of Ordinary Shares




c)


Price(s) and volume(s)





Price(s)


Volume(s)




27.0p


20,000








d)


Aggregated information:
·      Aggregated volume
·      Price


 
See 4c) above




e)


Date of the transaction


3 August 2020




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Robert Goddard




2.


Reason for the Notification




a)


Position/status


Chairman




b)


Initial notification/Amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Hardide plc




b)


LEI


213800HLAUIIFKMU5G89




4.


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)


Description of the Financial instrument, type of instrument


Ordinary Shares of 4 pence each




Identification code


GB00BJJPX768




b)


Nature of the transaction


Sale of Ordinary Shares




c)


Price(s) and volume(s)





Price(s)


Volume(s)




27.0p


37,000








d)


Aggregated information:
·      Aggregated volume
·      Price


 
See 4c) above




e)


Date of the transaction


3 August 2020




f)


Place of the transaction


London Stock Exchange, AIM Market (XLON)



 


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