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RNS Number : 7690S Hardide PLC 18 June 2024
18 June 2024
Hardide plc
("Hardide", "the Group" or "the Company")
Confirmation of Board Change and Appointment of Sole Broker
Hardide plc (AIM: HDD), the provider of advanced surface treatment solutions,
announces (further to the announcement of 22 May 2024) that Steve Paul,
previously interim CEO, has today stepped down as a director of the Company
following completion of his handover period to Matt Hamblin, ongoing CEO of
the Company. Steve will continue to work closely alongside Matt in a sales and
business development capacity.
Hardide further announces that it has appointed Cavendish Capital Markets
Limited as its Sole Broker with immediate effect, and it remains the Company's
Nominated Advisor.
Hardide plc
Andrew Magson, Non-Executive Chair Tel: +44 (0) 1869 353 830
IFC Advisory Tel: +44 (0) 20 3934 6630
Graham Herring
Tim Metcalfe
Florence Chandler
Cavendish Capital Markets Ltd - Nominated Adviser and Broker Tel: +44 (0) 2072 200 500
Henrik Persson/ Abigail Kelly (Corporate Finance)
Notes to editors:
www.hardide.com (http://www.hardide.com/)
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 as well as a reduced carbon footprint.
Customers include leading companies operating in the energy sectors, valve and
pump manufacturing, industrial gas turbine, precision engineering and
aerospace industries.
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