Director/PDMR Shareholding

RNS Number : 6383T

Hardide PLC

04 July 2018

 

Hardide plc

("Hardide" or "the Company")

Director Dealing

Hardide plc, the developer and provider of advanced surface coating technology, announces that it has been notified that on 4 July 2018, Tim Rice, a Non-Executive Director of the Company, purchased 550,000 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at a price of 1.8 pence per Ordinary Share (the "Purchase").

Following the Purchase, Mr. Rice has a beneficial interest in 550,000 Ordinary Shares representing approximately 0.03% of the issued share capital of the Company.  

For further information:

Hardide plc Philip Kirkham, CEO Jackie Robinson, Communications Manager	Tel: [phone]
finnCap Ltd (Nomad and Broker) Henrik Persson /James Thompson/Matthew Radley	Tel: [phone]

Notes to Editors:

www.hardide.com

Hardide develops, manufactures and applies advanced technology tungsten-carbide 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. 

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

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	Tim Rice
2.	Reason for the Notification
a)	Position/status	Non-Executive Director
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 0.1p
	Identification code	GB00B069T034
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.8 pence 550,00
d)	Aggregated information: ·      Aggregated volume ·      Price	See above
e)	Date of the transaction	4 July 2018
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

END

 

 

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