Hardide PLC Director Dealing - Correction (9939U)

TIDMHDD

RNS Number : 9939U

Hardide PLC

03 August 2020

This is a restatement of the announcement published at 12:17 on 3 July 2020 (RNS number 9575U) clarifying that the relevant transactions were purchases of shares . The full corrected announcement is included below. All other details remain unchanged. The full amended text is shown below.

3 August 2020

Hardide plc

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

Director Dealing

Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that it has been notified that on 3 August 2020, Philip Kirkham (CEO) and Robert Goddard (Chairman) bought 20,000 and 37,000 ordinary shares respectively of 4.0 pence each in the capital of the Company ("Ordinary Shares") each at a price of 27 pence per Ordinary Share.

Following these purchases, Mr Kirkham has a beneficial interest in 101,490 Ordinary Shares and Mr Goddard has a beneficial interest in 406,807 Ordinary Shares, representing approximately 0.2% and 0.8% of the issued share capital of the Company respectively.

 
 Enquiries: 
 
   Hardide plc 
   Robert Goddard, Non-Executive Chairman           Tel: [phone] 
   Philip Kirkham, CEO                              353830 
   Jackie Robinson, Communications Manager 
 
   IFC Advisory                                     Tel: [phone] 
   Graham Herring / Tim Metcalfe / Florence         6630 
   Chandler 
 
   finnCap - Nominated Adviser and Joint Broker     Tel: [phone] 
   Henrik Persson / Matthew Radley (corporate       0500 
   finance) 
   Richard Chambers (ECM) 
                                                    Tel: [phone] 
   Allenby Capital- Joint Broker                    5656 
   Jeremy Porter / Tony Quirke 
 

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

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 
       / person closely associated 
 a)   Name                             Philip Kirkham 
     -------------------------------  ---------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
     -------------------------------  ---------------------------------- 
 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               Ordinary Shares of 4 pence each 
       Financial instrument, 
       type of instrument 
      Identification code              GB00BJJPX768 
     -------------------------------  ---------------------------------- 
 b)   Nature of the transaction        Purchase of Ordinary Shares 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         27.0p      20,000 
                                                   ---------- 
     -------------------------------  ---------------------------------- 
 d)    Aggregated information: 
         *    Aggregated volume          See 4c) above 
 
 
         *    Price 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          3 August 2020 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM Market 
                                        (XLON) 
     -------------------------------  ---------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Robert Goddard 
     -------------------------------  ---------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------- 
 a)   Position/status                  Chairman 
     -------------------------------  ---------------------------------- 
 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               Ordinary Shares of 4 pence each 
       Financial instrument, 
       type of instrument 
      Identification code              GB00BJJPX768 
     -------------------------------  ---------------------------------- 
 b)   Nature of the transaction        Purchase of Ordinary Shares 
     -------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         27.0p      37,000 
                                                   ---------- 
     -------------------------------  ---------------------------------- 
 d)    Aggregated information: 
         *    Aggregated volume          See 4c) above 
 
 
         *    Price 
     -------------------------------  ---------------------------------- 
 e)   Date of the transaction          3 August 2020 
     -------------------------------  ---------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM Market 
                                        (XLON) 
     -------------------------------  ---------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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August 03, 2020 12:24 ET (16:24 GMT)