5 March 2024
Hardide plc
("Hardide", "the Group" or "the Company")
Board Update
Hardide plc (AIM: HDD), the provider of advanced surface coating technology announces that, as planned, Philip Kirkham has today stepped down from the Board of Directors. Phil is succeeded by Steve Paul, Interim CEO, as announced on 8 February 2024.
| Enquiries: | |
| Hardide plc Andrew Magson, Non-Executive Chair Jackie Heddle, Communications Manager |
Tel: +44 (0) 1869 353 830 |
|
IFC Advisory Graham Herring Florence Chandler |
Tel: +44 (0) 20 3934 6630 |
|
Cavendish Capital Markets Ltd - Nominated Adviser and Joint Broker Henrik Persson/ Abigail Kelly
|
Tel: +44 (0) 2072 200 500 |
| Allenby Capital - Joint Broker Tony Quirke/ Joscelin Pinnington - Sales and Corporate Broking Jeremy Porter/ Dan Dearden-Williams - 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 as well as a reduced carbon footprint. Customers include leading companies operating in the energy sectors, valve and pump manufacturing, industrial gas turbine, precision engineering and aerospace industries.
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