AIM Rule 26 Disclosures

Last updated

11 December 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.


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 (66)

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 (55)

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 (79)

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

05 November 2019 Annual Report and Accounts 2019
18 March 2019 PipeHawk Interim Results for the six month period ended 31 December 2018
19 November 2018 Annual Report and Accounts 2018
23 March 2018 PipeHawk Interim Results for the six month period ended 31 December 2017
15 November 2017 Annual Report and Accounts 2017
20 March 2017 PipeHawk Interim Results for the six month period ended 31 December 2016
17 November 2016 Annual Report and Accounts 2016
23 March 2016 PipeHawk Interim Results for the Six month period ended 31 December 2015
11 December 2015 PipeHawk Report and Accounts 2015
31 December 2014 Half-yearly Results for the six months ended 31 December 2014
24 November 2014 PipeHawk Report and Accounts 2014
10 March 2014 PipeHawk Interim Results for the Six Month Period ended 31 December 2013
14 November 2013 PipeHawk Report and Accounts 2013
06 March 2013 PipeHawk plc Interim Results for the Six Month Period ended 31 December 2012
06 November 2012 PipeHawk Report and Accounts 2012

 
Other Documents

 October 2000 Memorandum and Articles of Association
 December 2000 AIM Admission Document.
 October 2000 Certificate of Incorporation

 

AIM Rule 26 Disclosures

The following information is provided pursuant to the AIM Rule 26 and was last updated on:-

 11 December 2019

11 December 2019 Further Penso Contract + Trading update FINAL
24 October 2019 Final Results for the Year ended 30 June 2019
16 October 2019 Wessex Acquisition
16 September 2019 Contract Win
10 September 2019 BWI Contract Win
01 April 2019 Total Voting Rights
18 March 2019 PipeHawk Interim Results for the six month period ended 2018
12 March 2019 Further re Acquisition of Thomson Engineering Design
18 January 2019 Penso Contract
19 November 2018 Final Results for the Year ended 30 June 2018
09 November 2018 Further re. Convertible Unsecured Loan Notes
06 July 2018 Contract with Cox Powertrain Limited
01 May 2018 Trading Update - Contract Wins
23 Mar 2018 Half Year Report
29 December 2017 Total Voting Rights
14 December 2017 AGM Results
29 November 2017 Acquisition of Thomson Engineering Design Limited
15 November 2017 Posting of Accounts & Notice of AGM
31 October 2017 Final Results for the Year Ended 30 June 2017.
13 October 2017 Sale of Interest in SUMO
06 June 2017 Directorate Change
19 May 2017 Unsuccessful Grant
12 April 2017 Contract wins for QM Systems
20 March 2017 PipeHawk Interim Results for the six month period ended 31 December 2016.
08 March 2017 Further re. Grant Application
01 March 2017 Holding(s) in Company
15 December 2016 Result of AGM
18 November 2016 Director/PDMR Shareholding
15 November 2016 Final results for the year ended 30 June 2016.
05 August 2016 QM Systems Contract Extension with Hadley Industries Group
04 August 2016 QM Systems partnership with UK NSI.
19 May 2016 QM Systems wins contract with Primafruit.
11 May 2016 QM Systems Limited win further Mann Hummel Contract.
30 March 2016 AIM Disclosure Update
23 March 2016 Directorate change
10 March 2016 Change of Adviser Announcement
13 May 2015 Director Holding
12 May 2015 QM Systems contract with Hadley Industries
26 March 2015 Interim Results for Six month period ended 31 December 2014
03 March 2015 Holding in Company
13 February 2015 Holding in Company
11 December 2014 Results of AGM
20 November 2014 Holding in Company
14 November 2014 Final Results
17 October 2014 Holding in Company
07 August 2014 Holding in Company
30 May 2014 Director Holding
25 March 2014  Holdings in Company
10 March 2014 Interim Results for Six month period ended 31 December 2013

 

SHAREHOLDER INFORMATION

SHARES IN ISSUE

As of 22 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:-

*

G.G. Watt

5,721,500 16.65%
 

S. Hamilton

4,583,334  13.34%
 

P. Lobbenberg

3,100,000 9.02%
 

Dr R. J Chignell

2,204,200 6.41%
 

P. Snell

1,240,000 3.61%
 

J. T. Twigg

1,054,830     3.07%
 

N. G. Wood

1,054,830 3.07%
*

R.MacDonnell 

   931,436   2.71%
   *Indicates a Director of the Company  

 

SHARES NOT IN PUBLIC HANDS

In the terms of AIM Rules published July 2016 and insofar as it is aware, As of 22nd 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 22 October 2019, PipeHawk does not hold any shares in treasury.