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Hardide PLC (HDD)

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Wednesday 30 May, 2018

Hardide PLC

Director/PDMR Shareholding

RNS Number : 7425P
Hardide PLC
30 May 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 30 May 2018, Charles Irving-Swift, a Non-Executive Director of the Company, purchased 505,050 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at a price of 1.98 pence per Ordinary Share (the "Purchase").

Following the Purchase, Mr. Irving-Swift has a beneficial interest in 505,050 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: +44 (0) 1869 353830

 



finnCap Ltd (Nomad and Broker)

Henrik Persson /James Thompson/Matthew Radley

Tel: +44 (0)20 7220 0500



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

Charles Irving-Swift

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)

1.98 pence

505,050

d)

Aggregated information:

·      Aggregated volume

·      Price

 

See above

e)

Date of the transaction

30 May 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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