PipeHawk Plc Further re. Grant Application
May 19 2017 - 1:00AM
UK Regulatory
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
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