Last checked at 24 Jun 2009 11:07
Hardide plc ('Hardide' or 'the Company')
Bridging Finance Facility
Further to the announcement of 1 May 2009 the Board of Hardide (AIM: HDD), the provider of unique metal surface engineering technology, announces that it has entered into arrangements with two of its existing shareholders for the provision of a total of £50,000 bridging finance.
The bridging finance is an interim measure to provide some short term working capital to Hardide whilst it seeks to conclude a longer term fundraising and will be repaid on receipt of such funding.
For further information:
| Hardide plc | |
| Graham Hine, Chief Executive Officer Jackie Robinson, Head of Communications | Tel: +44 (0) 1869 353 830 |
| jrobinson@hardide.com | www.hardide.com |
| Seymour Pierce Limited | |
| Nicola Marrin, Corporate Finance | Tel: +44 (0) 20 7107 8000 |
| nicolamarrin@seymourpierce.com |
|