Home » Market News » DirectorsTalk Highlights » INTERVIEW: Hardide Plc Record Sales, Bigger Premises and a Bright Outlook
Hardide Plc

INTERVIEW: Hardide Plc Record Sales, Bigger Premises and a Bright Outlook

Hardide Plc (LON: HDD) CEO Philip Kirkham talks to DirectorsTalk about the raising of £3.6m. Philip explains how the proceeds will be used, why its consolidating ordinary shares and how he views the outlook for the company.

The developer and provider of advanced surface coating technology, announced that it has conditionally raised approximately £3.6 million by the issue of the Placing Shares and the Subscription Shares at a price of 1.5 pence per Fundraising Share* principally to fund further expansion of the Company’s UK operations. The Company also announces that it proposes to undertake a share capital consolidation such that every 40 Ordinary Shares in issue will be consolidated into 1 New Ordinary Share.

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.