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 (AIM: HDD), the provider of unique metal surface engineering technology, announces 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

 






This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBGGDLLGDGGCS

Companies

Hardide (HDD)
UK 100

Latest directors dealings