REG-Hardide PLC Directorate Change
Released: 08/12/2008
com:20081208:RnsH6795J
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RNS Number : 6795J
Hardide PLC
08 December 2008
Press Release 08December 2008
Hardide plc
("Hardide" or "the Group")
Resignation of Non-Executive Director
Hardide plc (AIM:HDD), the provider of unique metal surface engineering
technology, announces that today Mr David Mott has announced his intention to
resign from his position as Non-Executive Director of the Group with effect from
the AGM in February 2009. At the same time, Mr Mott will also resign as
Chairman of the Audit Committee and member of the Remuneration Committee of
Hardide plc.
David's decision is due to burgeoning demands on his time resulting from his
position as Investment Director of Oxford Capital Partners.
The Board has considered carefully the need for a new non-executive director and
has decided that this is not necessary as Hardide already has sufficient
knowledge and experience in its existing non-executive Board members, comprising
Robert Goddard, Non-Executive Chairman, Hugh Carlisle Smith, Non-Executive
Director, and William Yale Zakroff, Non-Executive Director.
Robert Goddard, Chairman of Hardide plc said: "On behalf of the Board, I would
like to thank David for the very valuable contribution that he has made since he
joined the Board of Hardide Coatings Limited in April 2004; particularly over
the past year. His experience with young technology companies has been
especially helpful. We will miss him and wish him every success with his other
commitments."
David Mott added: "Hardide is on a growth path and my decision follows a record
month of sales and profits for the group. I wish the company every success in
the future."
Ends
For further information:
Hardide plc
Robert Goddard, Chairman Tel: +44 (0) 1869 353830
Jackie Robinson, Head of Communications
jrobinson@hardide.com
www.hardide.com
Seymour Pierce Limited
Nicola Marrin Tel: +44 (0) 20 7107 8000
www.seymourpierce.com
Media enquiries:
Abchurch
Chris Lane / George Parker Tel: +44 (0) 20 7398 7719
george.parker@abchurch-group.com www.abchurch-group.com
Hardide Coatings
Hardide provides and applies tungsten carbide-based coatings to a wide range of
engineering components. The Company's patented technology is unique in that it
combines both abrasion and corrosion resistant properties in one coating. When
applied to components, the technology is proven to offer dramatic cost savings
through reduced downtime and extended component life. Customers include leading
companies operating in oil and gas exploration and production, valve and pumps
manufacturing, general engineering and aerospace.
This information is provided by RNS
The company news service from the London Stock Exchange
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