PipeHawk Plc Further re. Grant Application

 
TIDMPIP 
 
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 
 
 
 
END 
 

(END) Dow Jones Newswires

May 19, 2017 02:00 ET (06:00 GMT)