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REG - Hardide PLC - Director Dealings

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RNS Number : 7510V  Hardide PLC  04 February 2025

4 February 2025

Hardide plc

("Hardide" or "the Group" or "the Company")

Director Dealings

 

Hardide plc (AIM: HDD), the developer and provider of advanced surface coating
technology, announces that on 3 February 2025, the following directors of
Hardide purchased ordinary shares of £0.04 each in the Company ("Ordinary
Shares") in the quantities and prices set out below.

 PDMR/Director  Position                 Shares purchased  Price per share
 Matt Hamblin   Chief Executive Officer  144,840           6.9p
 Andrew Magson  Non-Executive Chair      79,250            6.3p

                                         159,172           6.275p
 Yuri Zhuk      Technical Director       30,769            6.5p

 

In addition to the purchases of shares above, Andrew Magson transferred on the
same day Ordinary Shares from his personal holding into his SIPP, effected by
the sale of 166,666 Ordinary Shares at 5.9p and immediate repurchase of
166,463 Ordinary Shares at the same price.

Following the transactions detailed above, the Directors' interests in the
Ordinary Share capital of the Company are as follows:

 PDMR/Director   No. of Ordinary Shares held  % of issued share capital
 Matt Hamblin    255,951                      0.3%
 Andrew Magson*  429,434                      0.5%
 Yuri Zhuk       221,189                      0.3%

 

* The holding of Andrew Magson includes 79,250 Ordinary Shares held by his
wife.

 

The notifications below, made in accordance with the requirements of the EU
Market Abuse Regulation, provide further detail.

 

Enquiries:

 Hardide plc
 Matt Hamblin (Chief Executive Officer)                             Tel: +44 (0)1869 353830

 Simon Hallam (Chief Financial Officer)

 Andrew Magson (Non-Executive Chair)

 Cavendish Capital Markets Ltd - Broker and Nominated Adviser
 Henrik Persson / Abigail Kelly / Elysia Bough (Corporate Finance)  Tel: +44 (0) 2072 200 500

 Jasper Berry / Dale Bellis (Sales)

 

Notes to editors:

www.Hardide.com (http://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.

 

The Company makes the following disclosures in accordance with article 19(3)
of the Market Abuse Regulation:

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Matt Hamblin
 2   Reason for the notification
 a)  Position/status                                              CEO
 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 4p each

     Identification code                                          GB00BJJPX768
 b)  Nature of the transaction                                    Purchase of shares
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  6.9p      144,840
 d)  Aggregated information

     -     Aggregated volume                                      Single transaction as in 4c) above

     -     Price
 e)  Date of the transaction                                      3 February 2025
 f)  Place of the transaction                                     London Stock Exchange, XLON

d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

 

e)

Date of the transaction

3 February 2025

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Andrew Magson
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Chair
 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 4p each

     Identification code

GB00BJJPX768
 b)  Nature of the transaction                                    Purchase of shares
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  6.3p      79,250

                                                                  6.275p    159,172
 d)  Aggregated information

     -     Aggregated volume                                      Single transaction as in 4c) above

     -     Price
 e)  Date of the transaction                                      3 February 2025
 f)  Place of the transaction                                     London Stock Exchange, XLON

d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

 

e)

Date of the transaction

3 February 2025

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Andrew Magson
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Chair
 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 4p each

     Identification code

GB00BJJPX768
 b)  Nature of the transaction                                    1)   Sale of Ordinary Shares

                                                                  2)   Purchase of Ordinary Shares into SIPP
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  1)  5.9p      166,666
                                                                  2)  5.9p      166,463
 d)  Aggregated information

     -     Aggregated volume                                      Single transaction as in 4c) above

     -     Price
 e)  Date of the transaction                                      3 February 2025
 f)  Place of the transaction                                     London Stock Exchange, XLON

d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

 

e)

Date of the transaction

3 February 2025

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Yuri Zhuk
 2   Reason for the notification
 a)  Position/status                                              Technical Director
 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 4p each

     Identification code

GB00BJJPX768
 b)  Nature of the transaction                                    Purchase of shares
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  6.5p      30,769
 d)  Aggregated information

     -     Aggregated volume                                      Single transaction as in 4c) above

     -     Price
 e)  Date of the transaction                                      3 February 2025
 f)  Place of the transaction                                     London Stock Exchange, XLON

d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

 

e)

Date of the transaction

3 February 2025

f)

Place of the transaction

London Stock Exchange, XLON

 

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