Hardide plc ('Hardide' or 'the Company')
Bridging Finance Facility
The Board of Hardide (AIM: HDD), the provider of unique metal surface engineering technology, announces that it has entered into further 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 pending completion of the fundraising, as announced on 2 July 2009. The bridging finance will be repaid on receipt of this funding.
For further information:
Hardide plc |
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Graham Hine, Chief Executive Officer Jackie Robinson, Head of Communications |
Tel: +44 (0) 1869 353 830 |
Seymour Pierce Limited |
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Nicola Marrin, Corporate Finance |
Tel: +44 (0) 20 7107 8000 |
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