REG-PipeHawk Plc: Further re. Grant Application <Origin Href="QuoteRef">PHWK.L</Origin>

PipehawkAnnouncement

19/05/2017 07:00

19 May 2017

PipeHawk Plc

(“PipeHawk” or the “Company”)

Further re. Grant Application

In the interim results of the Company released on 20 March 2017, the Chairman
stated that the Company would be re-submitting its application for the Phase 2
H2020 funding to assist with marketing and distribution of its eSafe product.
The Company has received a further rejection of the application, with a score
that was again marginally below the required level.  In the knowledge that
the initial grant received in December 2015 was obtained on the third attempt,
the Company intends to keep re-submitting applications for future rounds of
funding until it becomes apparent that the Company has little chance of
obtaining a grant. A further announcement will be made in due course.

Enquiries:

 PipeHawk Plc Gordon Watt (Chairman)                                      Tel. No. 01252 338 959 
 Allenby Capital Limited (Nomad and Broker) David Worlidge/James Thomas   Tel. No. 020 3328 5656 

Notes to Editors

For further information on the Company and its subsidiaries, please
visit: www.pipehawk.com



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