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Hardide ( (GB:HDD) ) just unveiled an update.
Hardide plc has granted 2,195,048 new executive and senior management share options under its EMI scheme, aligned with its 2025 remuneration policy and priced at 21.97 pence per share. The awards, largely to the CEO, finance director and technical director, lift total options in issue to 7,145,410, or about 9.1% of the company’s current issued share capital.
The options are structured as performance shares that will only vest if Hardide delivers substantial growth in EBITDA and total shareholder return over each of the three financial years to 30 September 2028. This performance-linked equity incentive is intended to align management more closely with shareholders and support the Group’s growth ambitions in its specialist industrial coatings markets.
The most recent analyst rating on (GB:HDD) stock is a Hold with a £21.50 price target. To see the full list of analyst forecasts on Hardide stock, see the GB:HDD Stock Forecast page.
Spark’s Take on GB:HDD Stock
According to Spark, TipRanks’ AI Analyst, GB:HDD is a Neutral.
The score is driven primarily by improving financial performance (FY2025 turnaround with positive profits and free cash flow), supported by strong technical uptrend signals. This is meaningfully offset by a very high P/E valuation and elevated balance-sheet risk from increased leverage, which leaves limited room for execution missteps.
To see Spark’s full report on GB:HDD stock, click here.
More about Hardide
Hardide plc is a UK-based provider of advanced tungsten carbide and tungsten metal matrix surface coatings for engineering components. Its patented technology combines toughness with high resistance to abrasion, erosion and corrosion, and can be applied to complex geometries and interior surfaces. The company serves customers in energy, valve and pump manufacturing, industrial gas turbines, precision engineering and aerospace, helping extend component life, cut downtime and improve operational efficiency.
Average Trading Volume: 474,603
Technical Sentiment Signal: Hold
Current Market Cap: £18.13M
Learn more about HDD stock on TipRanks’ Stock Analysis page.