REG - PipeHawk PLC - Update in relation to Adien Ltd

PipehawkAnnouncement

13/03/2026 17:45

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RNS Number : 6601W  PipeHawk PLC  13 March 2026

13 March 2026

PipeHawk plc

("PipeHawk", the "Company" or the "Group")

 

Update in relation to Adien Ltd

 

Further to the Company's announcement on 9 March 2026, PipeHawk provides the
following update in respect of Adien Ltd ("Adien"), a subsidiary of PipeHawk.

 

The Group was informed today that the board of directors of Adien has
concluded that Adien was insolvent and that a general meeting of the
shareholders of Adien should be convened for the purposes of passing a special
resolution to wind up Adien, with an accompanying decision procedure to
creditors of Adien on the nomination of a liquidator. The directors of Adien
have elected to instruct BTG Begbies Traynor (Central) LLP ("BTG") for this
purpose. The formal appointment of liquidators will take place in the coming
weeks. Adien formally ceased trading operations on 9 March 2026.

 

-Ends-

 

Enquiries:

 

 PipeHawk plc                                Tel. No. 01252 338 959

 Gordon Watt (Chairman)

 Allenby Capital Limited (Nomad and Broker)  Tel. No. 020 3328 5656

David Hart / Vivek Bhardwaj

 

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

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