Last checked at 30 May 2018 17:10
Hardide plc
("Hardide" or "the Company")
Director Dealing
Hardide plc, the developer and provider of advanced surface coating technology, announces that it has been notified that on 30 May 2018, Charles Irving-Swift, a Non-Executive Director of the Company, purchased 505,050 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at a price of 1.98 pence per Ordinary Share (the "Purchase").
Following the Purchase, Mr. Irving-Swift has a beneficial interest in 505,050 Ordinary Shares representing approximately 0.03% of the issued share capital of the Company.
For further information:
Hardide plc Philip Kirkham, CEO Jackie Robinson, Communications Manager | Tel: +44 (0) 1869 353830
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finnCap Ltd (Nomad and Broker) Henrik Persson /James Thompson/Matthew Radley | Tel: +44 (0)20 7220 0500 |
Notes to Editors:
www.hardide.com
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, precision engineering and aerospace industries.
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Charles Irving-Swift | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Non-Executive Director | ||||
b) | Initial notification/Amendment |
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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 |
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Identification code | GB00B069T034 | |||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price |
See above | ||||
e) | Date of the transaction | 30 May 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||