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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hardide Plc | LSE:HDD | London | Ordinary Share | GB00BJJPX768 | ORD 4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.25 | 6.00 | 6.50 | 6.25 | 6.25 | 6.25 | 200,078 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Coat,engrave,allied Svc, Nec | 5.5M | -1.12M | -0.0142 | -4.40 | 4.9M |
TIDMHDD
RNS Number : 1216R
Hardide PLC
25 June 2020
25 June 2020
Hardide plc
("Hardide" or "the Group" or "the Company")
Exercise of Options
Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that it has today issued and allotted 58,340 ordinary shares of 4p each in the capital of the Company ("Ordinary Shares") pursuant to the exercise of share options by certain employees of the Company.
Application has been made to the London Stock Exchange for the 58,340 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence on or around the 1 July 2020.
The Company advises that, following Admission, the Company's issued share capital will be 53,218,686 Ordinary Shares all with voting rights. The above figure of 53,218,686 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.
Enquiries: Hardide plc Robert Goddard, Non-Executive Chairman Tel: +44 (0) 1869 Philip Kirkham, CEO 353830 Jackie Robinson, Communications Manager IFC Advisory Tel: +44 (0) 20 3934 Graham Herring / Tim Metcalfe / Florence 6630 Chandler finnCap - Nominated Adviser and Joint Broker Tel: +44 (0) 20 7220 Henrik Persson / Matthew Radley 0500 Allenby Capital- Joint Broker Jeremy Porter / Tony Quirke Tel: +44 (0) 20 3328 5656
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
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 25, 2020 09:30 ET (13:30 GMT)
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