Hardide PlcLSE: HDD

Bridging Finance Facility

RNS Number : 5606V
Hardide PLC
13 July 2009
 

Hardide plc ('Hardide' or 'the Company')

Bridging Finance Facility

The Board of Hardide (AIM: HDD), the provider of unique metal surface engineering technology, announces that it has entered into further arrangements with two of its existing shareholders for the provision of a total of £50,000 bridging finance.

The bridging finance is an interim measure to provide some short term working capital to Hardide pending completion of the fundraising, as announced on 2 July 2009. The bridging finance will be repaid on receipt of this funding. 

For further information:

Hardide plc

Graham Hine, Chief Executive Officer

Jackie Robinson, Head of Communications

Tel: +44 (0) 1869 353 830

jrobinson@hardide.com 

www.hardide.com

Seymour Pierce Limited

Nicola Marrin, Corporate Finance 

Tel: +44 (0) 20 7107 8000

nicolamarrin@seymourpierce.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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