AIM Rule 26 Disclosures

Last updated

02 October 2019

Company Information

Description of Business

PipeHawk plc is a dynamic business offering advanced engineering solutions to challenging technical requirements across many industries. 

QM Systems, a division of PipeHawk PLC, is a market leader in providing solutions and services for electronic system design and manufacture, test equipment, transfer systems and automation and assembly solutions to the automotive, aerospace, rail and other related industries. 

We are the global market leader in ground probing radar technology with many applications including civil engineering and land mine detection. Our technology provides a superior detection of hidden underground objects and features, dramatically reducing risk, improving safety and saving substantial time and money during identification and excavation. 

Adien Limited, a wholly owned subsidiary, is a leader in the field of utility detection and mapping.  Its survey teams provide information that is critical in the design processes of almost all construction projects that involve breaking the ground. 

Powered by excellent people our reputation is built on exceeding our customer’s expectations in delivering innovative, cost effective quality solutions in all aspects of our business. 

Through our energetic, innovative and dynamic approach together with our significant investment in R&D we will continue to strengthen our market leading positions.

• Certificate of Incorporation of a Public Limited Company- October 2000

Country of Incorporation

• PipeHawk is incorporated in the United Kingdom

Main country of operation

• PipeHawk's main country of operation is the United Kingdom

Regulatory News

Corporate Governance

The Board recognises the value and importance of high standards of corporate governance. Accordingly, the Board has adopted the Corporate Governance Code (“the Code”) published by the Quoted Company Alliance (“QCA”).
 
The Board’s approach to addressing the key principles of the QCA Corporate Governance Code are set out here. Corporate Governance Disclosures

Company Advisers

Nominated Adviser
Allenby Capital Limited
5 St.Helen's Place 
London 
EC3A 6AB

Brokers
Allenby Capital Limited
5 St.Helen's Place 
London 
EC3A 6AB

Registrars
SLC Registrars
Elder House
St Georges Business Park
Brooklands Road
Weybridge
Surrey
KT13 0TS

Solicitors
Gowling WLG
4 More London Riverside
London
SE1 2AU

Auditors
Crowe U.K. LLP
St Bride's House
10 Salisbury Square
London
EC4Y 8EH

Board of Directors - Names & Brief Biographies

Gordon Watt BA, FCA, FRSA
Executive Chairman (65)

Gordon is a chartered accountant having been a partner at RSM Robson Rhodes and then Finance Director/Deputy Chief Executive of British Bus Plc until it was sold to Arriva Plc.  He is Non executive chairman of a number of private companies, he became a non-executive director of the Group in 1998, became finance director in December 2001 and Chairman in January 2003.

Soumitra Padmanathan BSc, FCA, CTA
Group Finance Director (54)

Soumitra (Mithi) joined PipeHawk in December 2015 and became Group Finance Director on 23 March 2016. She qualified as a Chartered Accountant and Chartered Tax Associate whilst at Robson Rhodes. She has had extensive experience in the Corporate environment within servicing, manufacturing, financial services and professional services.

R Randal MacDonnell
Non-executive Director (78)

Randal joined the Group in February 2006. He is currently a director of Strategic Natural Resources Plc, having previously been a director of Kleinwort Benson Securities, Laing & Cruickshank Securities and Chase Manhattan Securities Limited.  Prior to that he was a partner in stockbrokers Laurie Milbank & Co.

 Annual Reports and Interims

 
Other Documents

SHAREHOLDER INFORMATION

SHARES IN ISSUE

As of 02 October 2019 the number of shares in issue was 34,360,515 ordinary shares of 1p each

MAJOR SHAREHOLDERS

As of 02 October 2019, significant shareholdings in the share capital of PipeHawk plc were:

Shareholders having interest greater than 3% of the issued share capital are:-

SHARES NOT IN PUBLIC HANDS

In the terms of AIM Rules published July 2016 and insofar as it is aware, As of 2nd October 2019, 35.61% of the Company's AIM Securities was not in public hands.

Restrictions in transfer of AIM securities

There are no restrictions on the transfer of PipeHawk Plc's AIM securities

Other exchanges and trading platforms

The company is subject to the UK City code on Takeovers and Mergers

PipeHawk plc’s shares are currently traded on AIM, a market operated by the London Stock Exchange. The company is not traded on any other exchange or trading platform

As of 2 October 2019, PipeHawk does not hold any shares in treasury.