Last checked at 28 Jun 2019 07:00
Hardide plc
("Hardide" or "the Group" or "the Company")
Exercise of Options and Director Shareholdings
Hardide (AIM: HDD), the developer and provider of advanced surface coating technology, announced that it has today issued and allotted a total of 693,775 ordinary shares of 4 pence each in the capital of the Company ("Ordinary Shares") pursuant to the exercise of share options by certain employees and directors of the Company (the "Exercise").
Pursuant to the Exercise, the following Directors have exercised options over Ordinary Shares:
Director | Position | Current Shareholding | Exercised options | Shareholding following the Exercise | % of issued share capital following Admission |
Peter Davenport | Finance Director | 109,416 | 208,775 | 318,191 | 0.65 |
Yuri Zhuk | Technical Director | 157,027 | 208,775 | 365,802 | 0.74 |
Robert Goddard | Chairman | 202,782 | 167,025 | 369,807 | 0.75 |
Application has been made to the London Stock Exchange for the 693,775 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence on or around 1 July 2019.
The Company advises that, following Admission, the Company's issued share capital will be 49,145,692 Ordinary Shares all with voting rights. The above figure of 49,145,692 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.
Enquiries: | |
Hardide plc Robert Goddard, Non-Executive Chairman Philip Kirkham, CEO Jackie Robinson, Communications Manager |
Tel: +44 (0) 1869 353 830 |
IFC Advisory Graham Herring / Heather Armstrong / Florence Chandler | Tel: +44 (0) 2039 346 630 |
finnCap Henrik Persson / Kate Bannatyne / Matthew Radley | Tel: +44 (0) 2072 200 500 |
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.
1 | Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA") | |||||
a) | Name | Peter Davenport | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Finance Director | ||||
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 | Options over Ordinary Shares of 4 pence each | ||||
Identification code | GB00BJJPX768 | |||||
b) | Nature of the transaction | Exercise of Options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume
· Price |
As in 4c above | ||||
e) | Date of the transaction | 28 June 2019 | ||||
f) | Place of the transaction | London Stock Exchange AIM market (XLON) | ||||
11. 1. | Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA") | |||||
a) | Name | Yuri Zhuk | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Technical Director | ||||
b) | Initial notification/Amendment | Initial notification | ||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Hardide plc | ||||
b) | LEI | 213800HLAUIIFKMU5G89 | ||||
3. | 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 | Options over Ordinary Shares of 4 pence each | ||||
Identification code | GB00BJJPX768 | |||||
b) | Nature of the transaction | Exercise of Options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume
· Price |
As in 4c above | ||||
e) | Date of the transaction | 28 June 2019 | ||||
f) | Place of the transaction | London Stock Exchange AIM market (XLON) | ||||
11. 1. | Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA") | |||||
a) | Name | Robert Goddard | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chairman | ||||
b) | Initial notification/Amendment | Initial notification | ||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Hardide plc | ||||
b) | LEI | 213800HLAUIIFKMU5G89 | ||||
3. | 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 | Options over Ordinary Shares of 4 pence each | ||||
Identification code | GB00BJJPX768 | |||||
b) | Nature of the transaction | Exercise of Options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume
· Price |
As in 4c above | ||||
e) | Date of the transaction | 28 June 2019 | ||||
f) | Place of the transaction | London Stock Exchange AIM market (XLON) | ||||