PipeHawk PLC Major contract award by Penso (UK) Ltd (5314N)
18 Enero 2019 - 05:35AM
UK Regulatory
TIDMPIP
RNS Number : 5314N
PipeHawk PLC
18 January 2019
This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no. 596/2014 ("MAR"). With
the publication of this announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain.
18 January 2019
PipeHawk plc
("PipeHawk" or the "Company")
Major contract award by Penso (UK) Ltd
The Company is pleased to announce that its subsidiary, QM
Systems, has been awarded a partnership contract by Penso UK Ltd to
provide a fully automated production facility for the manufacture
of a new carbon fibre product to be installed at Penso UK Ltd's
facility in Coventry. The contract value is approximately GBP2.6
million and is due for completion in October 2019.
Gordon Watt, Chairman of PipeHawk commented, "This is great news
and marks the continued development of QM Systems' innovation
technology into new and exciting industries. We are very proud to
be selected as Penso UK Ltd's partner for this new and exciting
journey in both companies' futures"
Enquiries:
PipeHawk Plc Tel. No. 01252 338 959
Gordon Watt (Chairman)
Allenby Capital Limited (Nomad and Broker) Tel. No. 020 3328 5656
David Worlidge / Asha Chotai
Notes to Editors
For further information on the Company and its subsidiaries,
please visit: www.pipehawk.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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January 18, 2019 06:35 ET (11:35 GMT)
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