REG - Hardide PLC - Holding(s) in Company

HardideAnnouncement

29/01/2026 11:30

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RNS Number : 9312Q  Hardide PLC  29 January 2026

29 January 2026

Hardide plc

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

Notification of Major Holdings

 

Hardide plc (AIM: HDD), the provider of advanced surface coating technology,
announces, pursuant to AIM Rule 17, that it understands that as at 31 December
2025:

 

·   Maven Capital Partners UK LLP holds 4,852,416 shares representing 6.16%
of the Company's issued share capital (which was originally disclosed to the
Company on 6 May 2025 in the form set out below); and

 

·   James Brearley & Sons holds 2,378,020 shares representing 3.02% of
the Company's issued share capital.

 

 

 For further information:
 Hardide plc                                                   Tel: +44 (0) 1869 353 830

 Matt Hamblin (CEO)

 Simon Hallam (Finance Director)

 Cavendish Capital Markets Ltd - Nominated Adviser and Broker

 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.

 

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BJJPX768

Issuer Name

HARDIDE PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An event changing the breakdown of voting rights

3. Details of person subject to the notification obligation

Name

Maven Capital Partners UK LLP

City of registered office (if applicable)

Glasgow

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

 Name                               City of registered office  Country of registered office
 Maven Renovar VCT PLC              London                     England and Wales
 Maven Income and Growth VCT 4 PLC  Glasgow                    Scotland
 Maven Income and Growth VCT PLC    London                     England and Wales

5. Date on which the threshold was crossed or reached

01-May-2025

6. Date on which Issuer notified

06-May-2025

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  6.15689                                               0.000000                                                                   6.15689                         4852416
 Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BJJPX768                                                                          4852416                                                                          6.15689
 Sub Total 8.A                                4852416                                                                               6.15689%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights

 Sub Total 8.B2

9. Information in relation to the person subject to the notification
obligation

1. Person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuer.

 Ultimate controlling person  Name of controlled undertaking  % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                          than the notifiable threshold

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Maven Renovar VCT PLC was previously Amati AIM VCT plc.

The name change occurred following a change of Investment Manager from Amati
Global Investors (AGI) to Maven Capital Partners UK LLP (Maven).

12. Date of Completion

06-May-2025

13. Place Of Completion

Glasgow

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