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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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