REG-PipeHawk Plc: Director/PDMR Shareholding <Origin Href="QuoteRef">PHWK.L</Origin>

PipehawkAnnouncement

18/11/2016 10:20

18 November 2016

PipeHawk plc

(“PipeHawk” or the “Company”)

Director/PDMR Shareholding

The Company announces that it has granted options over 200,000 Ordinary Shares
at an exercise price of 3.875p per share to Soumitra (“Mithi”) Pathmaranie
Padmanathan.  These options are exercisable between three and ten years after
grant provided Mithi Padmanathan continues to be a director of the Company and
that the closing share price exceeds 10p per share on each day in the 30 days
period prior to exercise.

Enquiries:

 PipeHawk Plc Gordon Watt (Chairman)                                      Tel. 01252 338 959 
 Allenby Capital Limited (Nomad and Broker) David Worlidge/James Thomas   Tel: 020 3328 5656 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) No 596/2014. The information set out below is
provided in accordance with the requirements of Article 19(3) of that
Regulation.

 1         Details of the person discharging managerial responsibilities / person closely associated                                                                                                             
 a)        Name                                                                                               Soumitra (“Mithi”) Pathmaranie Padmanathan                                                         
 2         Reason for the notification                                                                                                                                                                           
 a)        Position/status                                                                                    Director of the Company                                                                            
 b)        Initial notification /Amendment                                                                    Initial notification                                                                               
 3         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                         
 a)        Name                                                                                               PipeHawk plc                                                                                       
 b)        LEI                                                                                                N/A                                                                                                
 4         Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted     
 a)        Description of the financial instrument, type of instrument                                        Option over Ordinary Shares                                                                        
           Identification code                                                                                ISIN for PipeHawk plc Ordinary Shares: GB0003010609                                                
 b)        Nature of the transaction                                                                          Grant of Option                                                                                    
 c)        Price(s) and volume(s)                                                                                                                                                                                
 Price(s)  Volume(s)                                                                                          
 3.875p    200,000                                                                                            
 d)        Aggregated information - Aggregated volume - Price                                                 N/A                                                                                                
 e)        Date of the transaction                                                                            17 November 2016                                                                                   
 f)        Place of the transaction                                                                           Outside a trading venue                                                                            



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