Bridging Finance Facility

RNS Number : 5606V
Hardide PLC
13 July 2009
 





Hardide plc ('Hardide' or 'the Company')

Bridging Finance Facility

The Board of Hardide (AIMHDD), the provider of unique metal surface engineering technologyannounces 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 fundraisingas announced on 2 July 2009. The bridging finance will be repaid on receipt of this 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

 


 


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