Hardide plc
("Hardide" or "the Group")
Directors' Share Purchase
Hardide plc (AIM: HDD), the provider of advanced surface coating technology, announces that it was informed on 09 July 2013 that Philip David Kirkham, Chief Executive Officer of Hardide plc, and Robert John Goddard, Non-Executive Chairman of Hardide plc each acquired on 09 July 2013 754,717 ordinary shares in the Group of 0.1p each ("Ordinary Shares") at a price of 1.325p.
Following the transaction, Philip David Kirkham holds 754,717 Ordinary Shares in the Group representing 0.1% of the issued share capital of the Group, and Robert John Goddard holds 4,223,050 Ordinary Shares in the Group representing 0.4% of the issued share capital of the Group.
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For further information contact:
Hardide plc |
|
Peter Davenport, Finance Director |
Tel: +44 1869 353 830
|
N+1 Singer |
|
Andrew Craig, Ben Wright |
Tel: +44 207 496 3000 |
Notes to editors:
Hardide develops, manufactures and applies nanotechnology tungsten carbide-based coatings to a wide range of engineering components. The Group's patented technology is unique in combining a mix of abrasion, erosion and corrosion resistant properties in one coating. When applied to metal components in aggressive environments, the technology is proven to offer dramatic improvements in component life resulting 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.