25 January 2023
Hardide plc
("Hardide", "the Group" or "the Company")
Board Update
Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that, as planned,Robert Goddard stepped down from the Board of Directors at close of business yesterday, 24 January 2023.
Philip Kirkham, CEO of Hardide plc said: "I would like to sincerely thank Robert for his contributions to the Board during his tenure both as Chairman and as a Non-Executive Director. Robert's support and commitment to the business has been greatly appreciated and we wish him well."
| Enquiries: | |
| Hardide plc Andrew Magson, Non-Executive Chair Philip Kirkham, CEO Jackie Heddle, Communications Manager |
Tel: +44 (0) 1869 353 830 |
| IFC Advisory Graham Herring Tim Metcalfe Florence Chandler | Tel: +44 (0) 20 3934 6630 |
| finnCap - Nominated Adviser and Joint Broker Henrik Persson/ Abigail Kelly (Corporate finance) Barney Hayward (ECM/Broking) | Tel: +44 (0) 2072 200 500 |
|
Allenby Capital - Joint Broker Tony Quirke - Sales and Corporate Broking Jeremy Porter/ Freddie Wooding - Corporate Finance |
Tel: +44 (0) 20 3328 5656 |
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 the energy sectors, valve and pump manufacturing, industrial engineering and aerospace industries.
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