25 January 2023
("Hardide", "the Group" or "the Company")
Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that, as planned,Robert Goddard stepped down from the Board of Directors at close of business yesterday, 24 January 2023.
Philip Kirkham, CEO of Hardide plc said: "I would like to sincerely thank Robert for his contributions to the Board during his tenure both as Chairman and as a Non-Executive Director. Robert's support and commitment to the business has been greatly appreciated and we wish him well."
Andrew Magson, Non-Executive Chair
Philip Kirkham, CEO
Jackie Heddle, Communications Manager
Tel: +44 (0) 1869 353 830
Tel: +44 (0) 20 3934 6630
finnCap - Nominated Adviser and Joint Broker
Henrik Persson/ Abigail Kelly (Corporate finance)
Barney Hayward (ECM/Broking)
Tel: +44 (0) 2072 200 500
Allenby Capital - Joint Broker
Tony Quirke - Sales and Corporate Broking
Jeremy Porter/ Freddie Wooding - Corporate Finance
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 the energy sectors, valve and pump manufacturing, industrial engineering and aerospace industries.