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Hardide Plc

Hardide plc Appoints Joint Broker

Hardide plc (LON: HDD), the developer and provider of advanced surface coating technology, has today announced that Allenby Capital Limited has been appointed as the Company’s joint broker, with immediate effect.

Hardide develops, manufactures and applies advanced technology tungsten-carbide 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.