HDD Hardide Plc

TIDMHDD

RNS Number : 3347U

Hardide PLC

20 December 2011

 
 Press Release   20 December 2011 
 

Hardide plc

("Hardide" or "the Group")

Director's Share Purchase

Hardide plc (AIM: HDD), the provider of unique surface engineering technology, announces that it was informed on 20 December 2011 that Peter Neil Davenport, Finance Director of Hardide plc acquired on 20 December 2011 900,000 ordinary shares in the Group of 0.1p each ("Ordinary Shares") at a price of 0.54p.

Following the transaction, Peter Neil Davenport holds 3,126,667 Ordinary Shares in the Group representing 0.3% of the issued share capital of the Group.

- Ends -

For further information:

 
 Hardide plc 
 Robert Goddard, Executive Chairman   Tel: +44 (0) 1869 353 
                                                        830 
 Jackie Robinson, Communications            www.hardide.com 
  Manager 
 
 
 Seymour Pierce Limited 
 Guy Peters                Tel: +44 (0) 20 7107 
                                           8000 
                          www.seymourpierce.com 
 

Notes to editors:

Hardide manufactures and applies tungsten carbide-based coatings to a wide range of engineering components. The Group's patented technology provides a unique combination of ultra-hardness, toughness, low friction and chemical resistance in one coating. When applied to components, the technology is proven to offer dramatic cost savings through reduced downtime and extended part life. Customers include leading companies operating in oil and gas exploration and production, flow control, general engineering and aerospace.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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