RNS Number : 2756K
Hardide PLC
27 May 2025
 

27 May 2025

Hardide plc

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

Director Dealings

 

Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that on 27 May 2025, the following directors of Hardide purchased ordinary shares of £0.04 each in the Company ("Ordinary Shares") in the quantities and prices set out below.

PDMR/Director

Position

Shares purchased

Price per share

Matt Hamblin

Chief Executive Officer

32,601

7.65p

Andrew Magson

Non-Executive Chair

126,742

7.89p

 

Following the purchase of Ordinary Shares detailed above, the interests of these Directors in the Ordinary Share capital of the Company are as follows:

PDMR/Director

No. of Ordinary Shares held

% of issued share capital

Matt Hamblin

288,552

0.4%

Andrew Magson*

556,176

0.7%


* The holding of Andrew Magson includes 142,621 Ordinary Shares held by his wife.

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

 

Enquiries:

Hardide plc



Matt Hamblin (Chief Executive Officer)

Simon Hallam (Chief Financial Officer)

Tel: +44 (0)1869 353830

 



 

 

Cavendish Capital Markets Ltd - Broker and Nominated Adviser

Henrik Persson / Elysia Bough (Corporate Finance)

Jasper Berry / Dale Bellis (Sales)

 

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.

 

 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matt Hamblin

2

Reason for the notification

a)

Position/status

CEO

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

Identification code

Ordinary Shares of 4p each


GB00BJJPX768

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Exercise Price(s)

Volume(s)

7.65p

32,601

d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

 

e)

Date of the transaction

27 May 2025

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Magson

2

Reason for the notification

a)

Position/status

Non-Executive Chair

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

Identification code

Ordinary Shares of 4p each



GB00BJJPX768

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Exercise Price(s)

Volume(s)

7.89p

126,742

d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

 

e)

Date of the transaction

27 May 2025

f)

Place of the transaction

Outside a trading venue

 

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