Director Dealing - Correction

This is a restatement of the announcement published at 12:17 on 3 July 2020 (RNS number 9575U) clarifying that the relevant transactions were purchases of shares. The full corrected announcement is included below. All other details remain unchanged. The full amended text is shown below.

3 August 2020

Hardide plc

("Hardide" or "the Group" or "the Company")

Director Dealing

Hardide plc (AIM: HDD), the developer and provider of advanced surface coating technology, announces that it has been notified that on 3 August 2020, Philip Kirkham (CEO) and Robert Goddard (Chairman) bought 20,000 and 37,000 ordinary shares respectively of 4.0 pence each in the capital of the Company ("Ordinary Shares") each at a price of 27 pence per Ordinary Share.

Following these purchases, Mr Kirkham has a beneficial interest in 101,490 Ordinary Shares and Mr Goddard has a beneficial interest in 406,807 Ordinary Shares, representing approximately 0.2% and 0.8% of the issued share capital of the Company respectively. 

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

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.