HARDIDE PLC — Director's Dealing 2020

Aug 3, 2020

National Storage Mechanism | Additional information

RNS Number : 9939U

Hardide PLC

03 August 2020

This is a restatement of the announcement published at 12:17 on 3 July 2020 (RNS number 9575U) clarifying that the relevant transactions were purchases of shares. The full corrected announcement is included below. All other details remain unchanged. The full amended text is shown below.

3 August 2020

Hardide plc

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

Director Dealing

Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that it has been notified that on 3 August 2020, Philip Kirkham (CEO) and Robert Goddard (Chairman) bought 20,000 and 37,000 ordinary shares respectively of 4.0 pence each in the capital of the Company ("Ordinary Shares") each at a price of 27 pence per Ordinary Share.

Following these purchases, Mr Kirkham has a beneficial interest in 101,490 Ordinary Shares and Mr Goddard has a beneficial interest in 406,807 Ordinary Shares, representing approximately 0.2% and 0.8% of the issued share capital of the Company respectively. 

Enquiries:
Hardide plc Robert Goddard, Non-Executive Chairman Philip Kirkham, CEO Jackie Robinson, Communications Manager	Tel: +44 (0) 1869 353830
IFC Advisory Graham Herring / Tim Metcalfe / Florence Chandler	Tel: +44 (0) 20 3934 6630
finnCap - Nominated Adviser and Joint Broker Henrik Persson / Matthew Radley (corporate finance) Richard Chambers (ECM) Allenby Capital- Joint Broker Jeremy Porter / Tony Quirke	Tel: +44 (0) 20 7220 0500   Tel: +44 (0) 20 3328 5656

Notes to editors:

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 oil and gas exploration and production, valve and pump manufacturing, precision engineering and aerospace industries.

www.hardide.com

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Philip Kirkham

2.

Reason for the Notification

a)

Position/status

Chief Executive Officer

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 4 pence each

Identification code

GB00BJJPX768

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
27.0p	20,000

d)

Aggregated information:

·       Aggregated volume

·       Price

See 4c) above

e)

Date of the transaction

3 August 2020

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robert Goddard

2.

Reason for the Notification

a)

Position/status

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 of 4 pence each

Identification code

GB00BJJPX768

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
27.0p	37,000

d)

Aggregated information:

·       Aggregated volume

·       Price

See 4c) above

e)

Date of the transaction

3 August 2020

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

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