Hardide PLC shares jumped on Wednesday, as the company predicted a return to growth.
Separately, it said Non-Executive Director Matthew Hamblin will shift to become its new chief executive.
Hardide narrows loss but needs short-term funds by early March lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
Hardide PLC on Wednesday said Chief Executive Officer Philip Kirkham will step down on or before April 30 after 11 years.
Shares in Hardide were up 7.5% at 13.98 pence each in London on Wednesday.