Director/PDMR Shareholding

RNS Number : 4333A

Hardide PLC

21 January 2020

 

21 January 2020

Hardide plc

("Hardide", 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 21 January 2020, Yuri Zhuk, Technical Director of the Company, sold 208,775 ordinary shares of 4.0 pence each in the capital of the Company ("Ordinary Shares") at a price of 63.0 pence per Ordinary Share (the "Sale").

Following the Sale, Dr. Zhuk has a beneficial interest in 157,027 Ordinary Shares representing approximately 0.3% of the issued share capital of the Company. 

Enquiries:
Hardide plc Robert Goddard, Non-Executive Chairman Philip Kirkham, CEO Jackie Robinson, Communications Manager	Tel: [phone]
finnCap - Nominated Adviser and Joint Broker Henrik Persson / Matthew Radley	Tel: [phone]
Allenby Capital - Joint Broker Jeremy Porter / James Hornigold	Tel: [phone]
IFC Advisory - Financial PR and Investor Relations Graham Herring / Tim Metcalfe / Florence Chandler	Tel: [phone]

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	Yuri Zhuk
2.	Reason for the Notification
a)	Position/status	Technical 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 4 pence each
	Identification code	GB00BJJPX768
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 63.0p 208,775
d)	Aggregated information: ·    Aggregated volume ·    Price	See 4c) above
e)	Date of the transaction	21 January 2020
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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