Picture of Hardide logo

HDD Hardide News Story

0.000.00%
gb flag iconLast trade - 00:00
Basic MaterialsSpeculativeMicro CapMomentum Trap

REG - Hardide PLC - Director Dealings

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250527:nRSa2756Ka&default-theme=true

RNS Number : 2756K  Hardide PLC  27 May 2025

27 May 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 27 May 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  32,601            7.65p
 Andrew Magson  Non-Executive Chair      126,742           7.89p

 

Following the purchase of Ordinary Shares detailed above, the interests of
these Directors in the Ordinary Share capital of the Company are as follows:

 PDMR/Director   No. of Ordinary Shares held  % of issued share capital
 Matt Hamblin    288,552                      0.4%
 Andrew Magson*  556,176                      0.7%

* The holding of Andrew Magson includes 142,621 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)

 

 Cavendish Capital Markets Ltd - Broker and Nominated Adviser
 Henrik Persson / 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)                                       Exercise Price(s)  Volume(s)
                                                                  7.65p              32,601
 d)  Aggregated information

     -     Aggregated volume                                      Single transaction as in 4c) above

     -     Price
 e)  Date of the transaction                                      27 May 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

 

e)

Date of the transaction

27 May 2025

f)

Place of the transaction

Outside a trading venue

 

 

 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)                                       Exercise Price(s)  Volume(s)
                                                                  7.89p              126,742
 d)  Aggregated information

     -     Aggregated volume                                      Single transaction as in 4c) above

     -     Price
 e)  Date of the transaction                                      27 May 2025
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

 

e)

Date of the transaction

27 May 2025

f)

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHPPUACAUPAGWM

Recent news on Hardide

See all news