Resignation of Non-Executive Director

RNS Number : 8159T

Hardide PLC

23 July 2020

 

23 July 2020

Hardide plc

("Hardide" or "the Group" or "the Company")

Resignation of Non-Executive Director

Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that Charles Irving-Swift has given notice of his resignation as a Non-Executive Director, with effect from 17^th August 2020.

Charles has been the chairman of the Company's audit committee and will be replaced in this capacity by Robert Goddard.  Tim Rice will act as the Company's senior independent director.

Robert Goddard, Chairman of Hardide plc, said: "On behalf of the Board, I thank Charles for his valuable contributions to the Company.  Since joining in March 2018, he has provided creative input to strategic thinking and his exacting analysis has meant valuable challenge to the Board as a whole. Charles leaves to concentrate on his other interests and does so with our very best wishes."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries:
Hardide plc Robert Goddard, Non-Executive Chairman Philip Kirkham, CEO Jackie Robinson, Communications Manager	Tel: [phone]
IFC Advisory Graham Herring / Tim Metcalfe / Florence Chandler	Tel: [phone]
finnCap - Nominated Adviser and Joint Broker Henrik Persson / Matthew Radley (corporate finance) Richard Chambers (ECM) Allenby Capital- Joint Broker Jeremy Porter / Tony Quirke	Tel: [phone]  Tel: [phone]

Notes to editors:

Hardide develops, manufactures and applies advanced technology tungsten carbide/tungsten metal matrix 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.

www.hardide.com

 

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