REG - Hardide PLC - Director/PDMR Shareholding

HardideAnnouncement

26/05/2023 14:00

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RNS Number : 8513A  Hardide PLC  26 May 2023

 

Hardide plc

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

 

 

Director/PDMR Shareholding

 

Hardide plc (AIM: HDD), the developer and provider of advanced surface coating
technology, announces that Andrew Magson, non-executive Chair of the Company,
purchased 24,549 ordinary shares in the Company on 26 May at a price of 12.22
pence per ordinary share.

Following this purchase, Andrew Magson holds 24,549 ordinary shares in the
Company, representing approximately 0.04 per cent. of the Company's issued
share capital.

The FCA notification in respect of the above, made in accordance with the
requirements of the UK Market Abuse Regulation, is appended below.

 

 

 Enquiries:
 Hardide plc

 Philip Kirkham, CEO                                              Tel: +44 (0) 1869 353 830

 Jackie Heddle, Communications Manager
 IFC Advisory                                                     Tel: +44 (0) 20 3934 6630

 Graham Herring

 Tim Metcalfe

 Florence Chandler
 finnCap - Nominated Adviser and Joint Broker                     Tel: +44 (0) 2072 200 500

 Henrik Persson/Abigail Kelly (Corporate finance)

 Barney Hayward (ECM)

 Allenby Capital - Joint Broker                                   Tel: +44 (0) 20 3328 5656

 Tony Quirke/ Joscelin Pinnington - Sales and Corporate Broking

 Jeremy Porter / Dan Dearden-Williams- Corporate Finance

 

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. Customers include leading companies
operating in the energy sectors, valve and pump manufacturing, industrial
engineering and aerospace industries.

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

  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 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 in Hardide plc

       Identification code

                                                                      Identification code (ISIN) for Hardide plc ordinary shares: GB00BJJPX768
 b)    Nature of the transaction                                      Purchase of shares
 c)    Price(s) and volume(s)                                         Price(s)  Volume(s)
                                                                      12.22p    24,549

 
 d)    Aggregated information                                         As above

       - Aggregated volume

       - Price
 e)    Date of the transaction                                        26 May 2023
 f)    Place of the transaction                                       London Stock Exchange, XLON

 

d)

Aggregated information

- Aggregated volume

- Price

As above

e)

Date of the transaction

26 May 2023

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

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