Hardide Regulatory News (HDD)

02 March 2015

Hardide plc

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

Directorate Change

Hardide (AIM: HDD), the provider of advanced surface coating technology, announces that William Zakroff has resigned as a Non-Executive Director of the Company, effective as of 2 March 2015. Also effective as of 2 March 2015, Jan Ward has been appointed as a Non-Executive Director of the Company.

Ms. Ward is the CEO and founder of Corrotherm International, a supplier of specialist metals for critical applications in the energy and aerospace sectors. She co-founded the company in 1992 and it currently supplies high performance alloys for the fabrication of oil, gas and power generation equipment from ten locations globally.

Ms. Ward has over 30 years' experience in industry and over 25 years at Board level. She holds a BSc in Mechanical Engineering and is a Fellow of the Institute of Directors and of the Royal Society for Encouragement of Arts, Manufactures and Commerce.

Most recently, Ms. Ward was named a CBE in the 2015 New Year's Honours list for services to business.

Robert Goddard, Chairman of Hardide plc said: "On behalf of the Board, I would like to thank William for the valuable contribution that he has made since he joined the Board of Hardide plc in 2007. He leaves with our very best wishes.

"At the same time, I am very pleased to welcome Jan to the Board. She brings a wealth of relevant industry and director level experience, both in the UK and internationally, and we are lucky to have secured her commitment. Her understanding of the high-technology engineering sector and her experience and connections in some of our key markets will further strengthen the Hardide Board."

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Ms. Janice (Jan) Elizabeth Ward, age 57 

Current Directorships / Partnerships:

Corrotherm International Ltd;

Inco Alloys Ltd;

J Holmes Ltd Consultancy;

Hampshire Enterprise;

Southampton Cultural Dev Trust;

Solent Local Enterprise Partnership;

Easyflow Technology Ltd; and

SBJBC Saudi British Joint Business Council.

Previous Directorships / Partnerships (held in the past five years) 

BioRegional Mini Mills Ltd;

Blue Lamp Trust Charitable Trust;

Dasic Marine Ltd;

Mobile Onboard Ltd Mobile;

Data Media Systems;

Saudi British Development Investment LLP; and

Eco Solids Ltd.

Of these companies Eco Solids Ltd was placed into administration in January 2012 and was dissolved in April 2013.

Ms. Ward does not currently hold any ordinary shares in the Group.

There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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Notes to editors:

Hardide develops, manufactures and applies advanced technology tungsten-carbide 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 oil and gas exploration and production, valve and pump manufacturing, nuclear, advanced engineering and aerospace industries.