Bridging Finance Facility

RNS Number : 4205U
Hardide PLC
24 June 2009
 









Hardide plc ('Hardide' or 'the Company')

Bridging Finance Facility

 

Further to the announcement of 1 May 2009 the Board of Hardide (AIMHDD), the provider of unique metal surface engineering technologyannounces that it has entered into arrangements with two of its existing shareholders for the provision of a total of £50,000 bridging finance.

The bridging finance is an interim measure to provide some short term working capital to Hardide whilst it seeks to conclude a longer term fundraising and will be repaid on receipt of such funding



For further information:

Hardide plc


Graham Hine, Chief Executive Officer

Jackie Robinson, Head of Communications

Tel: +44 (0) 1869 353 830

jrobinson@hardide.com 

www.hardide.com


Seymour Pierce Limited


Nicola Marrin, Corporate Finance 

Tel: +44 (0) 20 7107 8000

nicolamarrin@seymourpierce.com

 






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