TIDMHDD

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                                     Tel: +44 (0) 1869 
   Robert Goddard, Non-Executive Chairman          353830 
   Philip Kirkham, CEO 
   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 (corporate      0500 
   finance)                                        Tel: +44 (0) 20 3328 
   Richard Chambers (ECM)                          5656 
   Allenby Capital- Joint Broker 
   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

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

BOAPPUMWMUPUGMP

(END) Dow Jones Newswires

July 23, 2020 02:00 ET (06:00 GMT)

Hardide (LSE:HDD)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Hardide Charts.
Hardide (LSE:HDD)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Hardide Charts.