Proactiveinvestors United Kingdom Hardide Plc https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom Hardide Plc RSS feed en Wed, 16 Oct 2019 17:34:02 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) Long-term opportunities in aerospace and power generation underpin steady Hardide https://www.proactiveinvestors.co.uk/companies/news/223683/long-term-opportunities-in-aerospace-and-power-generation-underpin-steady-hardide-223683.html Wed, 10 Jul 2019 13:01:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/223683/long-term-opportunities-in-aerospace-and-power-generation-underpin-steady-hardide-223683.html Turbine protection can be a game-changer for Hardide says boss Kirkham https://www.proactiveinvestors.co.uk/companies/news/313970/turbine-protection-can-be-a-game-changer-for-hardide-says-boss-kirkham-13970.html Wed, 03 Jul 2019 09:50:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/313970/turbine-protection-can-be-a-game-changer-for-hardide-says-boss-kirkham-13970.html Hardide finally gets approval to become an Airbus supplier https://www.proactiveinvestors.co.uk/companies/news/175605/hardide-finally-gets-approval-to-become-an-airbus-supplier-175605.html Wed, 29 Mar 2017 11:44:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/175605/hardide-finally-gets-approval-to-become-an-airbus-supplier-175605.html Hardide opens US production facility https://www.proactiveinvestors.co.uk/companies/news/121068/hardide-opens-us-production-facility-121068.html Thu, 07 Jan 2016 10:48:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/121068/hardide-opens-us-production-facility-121068.html Hardide's swings to loss as its second half is hit by low oil price https://www.proactiveinvestors.co.uk/companies/news/120120/hardide-s-swings-to-loss-as-its-second-half-is-hit-by-low-oil-price-120120.html Mon, 07 Dec 2015 12:39:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/120120/hardide-s-swings-to-loss-as-its-second-half-is-hit-by-low-oil-price-120120.html Hardide PLC's trading slightly ahead of budget https://www.proactiveinvestors.co.uk/companies/news/66014/hardide-plcs-trading-slightly-ahead-of-budget-77063.html Mon, 09 Feb 2015 06:11:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/66014/hardide-plcs-trading-slightly-ahead-of-budget-77063.html UPDATE - Hardide PLC's record revenues justify investment in capacity https://www.proactiveinvestors.co.uk/companies/news/63921/update-hardide-plcs-record-revenues-justify-investment-in-capacity-74694.html Tue, 25 Nov 2014 11:04:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/63921/update-hardide-plcs-record-revenues-justify-investment-in-capacity-74694.html Hardide PLC boosts capacity at Bicester plant; plans US launch https://www.proactiveinvestors.co.uk/companies/news/63098/hardide-plc-boosts-capacity-at-bicester-plant-plans-us-launch-73719.html Tue, 28 Oct 2014 10:38:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/63098/hardide-plc-boosts-capacity-at-bicester-plant-plans-us-launch-73719.html Hardide PLC's full-year results to exceed expectations https://www.proactiveinvestors.co.uk/companies/news/61871/hardide-plcs-full-year-results-to-exceed-expectations-72365.html Thu, 18 Sep 2014 08:50:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/61871/hardide-plcs-full-year-results-to-exceed-expectations-72365.html Hardide plc passes first Airbus test https://www.proactiveinvestors.co.uk/companies/news/60178/hardide-plc-passes-first-airbus-test-70576.html Tue, 22 Jul 2014 07:01:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/60178/hardide-plc-passes-first-airbus-test-70576.html BIG PICTURE: Hardide's marketing push starting to pay off https://www.proactiveinvestors.co.uk/companies/news/58610/big-picture-hardides-marketing-push-starting-to-pay-off-68914.html Hardide plans to keep the marketing push going as it seeks to increase awareness of its unique surface coating technology.

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Wed, 28 May 2014 10:21:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/58610/big-picture-hardides-marketing-push-starting-to-pay-off-68914.html
UPDATE - Hardide PLC sees continued improvement in trading https://www.proactiveinvestors.co.uk/companies/news/58600/UPDATE-Hardide-PLC-sees-continued-improvement-in-trading-68904.html Wed, 28 May 2014 08:59:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/58600/UPDATE-Hardide-PLC-sees-continued-improvement-in-trading-68904.html Hardide confident as orders recover https://www.proactiveinvestors.co.uk/companies/news/57827/hardide-confident-as-orders-recover-68083.html Wed, 30 Apr 2014 09:48:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/57827/hardide-confident-as-orders-recover-68083.html Hardide "on the verge of some huge opportunities" https://www.proactiveinvestors.co.uk/companies/news/302379/hardide-on-the-verge-of-some-huge-opportunities--2705.html Tue, 15 Apr 2014 13:52:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/302379/hardide-on-the-verge-of-some-huge-opportunities--2705.html Hardide ready to take flight https://www.proactiveinvestors.co.uk/companies/news/57232/hardide-ready-to-take-flight-67459.html Already a well-regarded operator in the oil & gas sector, Hardide plc sees plenty of opportunities to spread its wings, especially in the aerospace industry. 

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Tue, 08 Apr 2014 12:12:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/57232/hardide-ready-to-take-flight-67459.html
Hardide soars as it expects to beat market expectations for full-year https://www.proactiveinvestors.co.uk/companies/news/39606/hardide-soars-as-it-expects-to-beat-market-expectations-for-full-year-47291.html Fri, 24 Aug 2012 08:47:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/39606/hardide-soars-as-it-expects-to-beat-market-expectations-for-full-year-47291.html Hardide shares rocket as it reveals revenues will beat expectations https://www.proactiveinvestors.co.uk/companies/news/18071/hardide-shares-rocket-as-it-reveals-revenues-will-beat-expectations-21633.html Fri, 01 Oct 2010 08:48:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/18071/hardide-shares-rocket-as-it-reveals-revenues-will-beat-expectations-21633.html Hardide to cut jobs in UK, suspend Houston plant in response to falling demand https://www.proactiveinvestors.co.uk/companies/news/3303/hardide-to-cut-jobs-in-uk-suspend-houston-plant-in-response-to-falling-demand-4711.html Tue, 10 Mar 2009 07:54:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/3303/hardide-to-cut-jobs-in-uk-suspend-houston-plant-in-response-to-falling-demand-4711.html Hardide plunges after shares recommence trading https://www.proactiveinvestors.co.uk/companies/news/1760/hardide-plunges-after-shares-recommence-trading-2569.html
Today the company confirmed that a combination of slower growth and the reduction in demand from a major UK customer meant it would miss market expectations and require additional cash for working capital. The company also announced that it had replaced its CEO with Graham Hine.

Hardide will place 42.5 million shares at 3 pence per share and take on a convertible loan note for £0.225 million to raise a total sum of £1.5 million. The loan note can be converted to equity at 4.5 pence per share and carries an 8 percent coupon. Two existing £0.5 million loans due to be repaid this year will also be extended until September 2009.

Shares in Hardide traded 2.375 pence lower at 4 pence per share.
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Tue, 03 Jun 2008 01:42:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1760/hardide-plunges-after-shares-recommence-trading-2569.html
Hardide tungsten coating approved by U.S. FDA https://www.proactiveinvestors.co.uk/companies/news/923/hardide-tungsten-coating-approved-by-us-fda--1432.html
Hardide said that the approval will open up 'significant' opportunities. Hardide has subsequently entered tests with leading manufacturer of high-pressure homogenisers and homogenisation systems used in the food, dairy and beverage industries. Hardide added that it intended to leverage its position through its facility located in Houston, Texas.

"This is a major development for Hardide as it opens up a vast range
of new opportunities for the Group internationally where we can offer a solution to the many food manufacturing applications where part failure due to wear, corrosion and galling is an issue." commented Jim Murray-Smith, Chief Executive of Hardide. "Hardide's entry into the food processing sector is a natural progression following the Group's success in the valve and pump markets within high wear
industries such as oil and gas, power generation and chemicals. We are confident that the food processing sector holds considerable potential for Hardide and that our unique coating will soon be incorporated into selected applications in this new market."
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Thu, 20 Sep 2007 07:37:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/923/hardide-tungsten-coating-approved-by-us-fda--1432.html
Proventec plc divests of 21.5% stake in Hardide plc https://www.proactiveinvestors.co.uk/companies/news/485/proventec-plc-divests-of-215-stake-in-hardide-plc-0814.html
The 31,499,725 shares were placed to Hardide's current shareholders. The exit will provide Proventec with a net profit of #0.7 million with the proceeds used to continue the development of Proventec's core businesses in hygienic solutions and preventative coatings.

CEO David Chestnutt said: "This full exit from Hardide follows on from the reduction the Company announced back in May 2006 and, as stated then, it makes strategic sense for both parties. Through our subsidiary, FMS, we have been long term original holders in Hardide and have been financially supportive through Hardide's corporate development and we wish them well in the future.

"Our policy of exiting non-core investments in recent months places the Company in a strong position to facilitate the next stage of our own growth ambitions. We are keen to expand our execution capabilities in marketing and sales in-house as well as actively pursuing joint ventures and complementary acquisitions particularly in Europe and North America."

Hardide plc shareholders took the news badly, sending the shares 10% lower. Hardide provides and applies tungsten carbide coatings to a wide range of engineering components using a patented technology that combines both abrasion and corrosion resistant properties in one coating.

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Mon, 12 Feb 2007 08:32:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/485/proventec-plc-divests-of-215-stake-in-hardide-plc-0814.html