Hardide PLC
07 October 2026
7 October 2026
Hardide plc
("Hardide", the "Group" or the "Company")
Exercise of Options
Hardide plc (AIM: HDD), the provider of advanced surface treatment technology, announces that it has today issued and allotted 25,000 ordinary shares of £0.04 each in 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 25,000 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 14 October 2026.
The Company advises that, following Admission, the Company's issued share capital will be 78,837,749 Ordinary Shares all with voting rights. The above figure of 78,837,749 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.
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For further information: |
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Hardide plc Matt Hamblin (CEO) Simon Hallam (Finance Director)
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Tel: +44 (0) 1869 353 830 |
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Cavendish Capital Markets Ltd - Nominated Adviser and Broker Henrik Persson / Elysia Bough (Corporate Finance) Jasper Berry / Dale Bellis (Sales)
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Tel: +44 (0) 2072 200 500
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IFC Advisory Graham Herring Tim Metcalfe
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Tel: +44 (0) 20 3934 6633 |
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 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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