RNS Number : 7690S
Hardide PLC
18 June 2024
 

 

 

18 June 2024

 

Hardide plc

("Hardide", "the Group" or "the Company")

 

Confirmation of Board Change and Appointment of Sole Broker

 

Hardide plc (AIM: HDD), the provider of advanced surface treatment solutions, announces (further to the  announcement of 22 May 2024) that Steve Paul, previously interim CEO, has today stepped down as a director of the Company following completion of his handover period to Matt Hamblin, ongoing CEO of the Company. Steve will continue to work closely alongside Matt in a sales and business development capacity.

 

Hardide further announces that it has appointed Cavendish Capital Markets Limited as its Sole Broker with immediate effect, and it remains the Company's Nominated Advisor.

 

 

Hardide plc

Andrew Magson, Non-Executive Chair

 

Tel: +44 (0) 1869 353 830

 

IFC Advisory

Graham Herring

Tim Metcalfe

Florence Chandler

 

Tel: +44 (0) 20 3934 6630

 

Cavendish Capital Markets Ltd - Nominated Adviser and Broker

Henrik Persson/ Abigail Kelly (Corporate Finance)

 

 

Tel: +44 (0) 2072 200 500

 


Notes to editors:

www.hardide.com

 

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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