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PIP Pipehawk Plc

5.50
-0.75 (-12.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pipehawk Plc LSE:PIP London Ordinary Share GB0003010609 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.75 -12.00% 5.50 5.00 6.00 6.25 5.50 6.25 323,907 14:44:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
General Indl Mach & Eq, Nec 6.47M -2.48M -0.0684 -0.80 2M

PipeHawk Plc - Contract win - BWI UK Limited

10/09/2019 7:00am

PR Newswire (US)


Pipehawk (LSE:PIP)
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR").

10 September 2019

PipeHawk plc

("PipeHawk" or the "Company")

Contract win

PipeHawk is pleased to announce that its subsidiary, QM Systems has been selected by BWI UK Limited, (“BWI Group”) to deliver a manufacturing and test facility for the manufacture of a new automotive product. The contract value is approximately £600,000 and is due to be completed in Q1 2020.

BWI Group is a Luton based company, focused on the supply of automotive products to vehicle manufacturers and the independent aftermarket. BWI Group’s customers include Jaguar Land Rover, Porsche, AMG and Honda.

Gordon Watt, Chairman of PipeHawk commented: “This is really good news in these politically turbulent times and is another example of QM Systems’s ability to retain and develop strong client partnerships following the successful completion of a previous project”.

Enquiries:

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

Notes to Editors

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

Copyright er 9 PR Newswire

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