BOARD
APPOINTMENT
The Company
is pleased to announce that Mr Tony Chambers has subscribed for
750,000 PipeHawk shares at 20p each, representing 3.6% of the enlarged
issued share capital and that he has accepted an offer to join
the board as a non-executive director. Application will be made
for the shares to be traded on AIM and admission is expected on
25 November 2003.
Commenting on the appointment, Gordon Watt, Chairman
said “We
are pleased to welcome Tony to the board. His experience in banking,
the City and with the military will make him an asset to the Group.”
For
further information, please
contact:
Gordon
Watt - Chairman (01420 590 990)
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