Grant of options
Summary by AI BETAClose X
13 November 2026
PipeHawk plc
("PipeHawk", "Company" or the "Group")
Grant of options
The board of directors of PipeHawk has approved the grant of 600,000 options (the "Options") over ordinary shares of 1 pence each in the Company ("Ordinary Shares") to a director of the Company as well as certain senior employees of the Group. The Options were granted pursuant to the Group’s existing share option scheme (“Option Scheme”).
The Options have an exercise price of 1.25 pence, being the closing mid-market price of an Ordinary Share on 12 November 2026, the date of grant. The Options are exercisable from 12 November 2029 to 12 November 2036, conditional upon the share price of an Ordinary Share being at least 5 pence for a period of 30 consecutive business days prior to exercise, and the Option holder being an employee of the Group or one of its subsidiaries.
Following the grant of the Options, the total number of Ordinary Shares under option is 2,350,000, representing approximately 6.47% of the Company’s current issued ordinary share capital.
Details of the director dealing are set out in the table at the end of this announcement, which has been provided in accordance with the requirements of the UK Market Abuse Regulation.
-Ends-
Enquiries:
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PipeHawk plc Gordon Watt (Chairman)
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Tel. No. 01252 338 959 |
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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
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Tim Williams |
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2. |
Reason for the Notification |
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a) |
Position/status |
Non-Executive Director |
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b) |
Initial notification/Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
PipeHawk Plc |
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b) |
LEI |
213800CYT8OXEYWCNO29 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the Financial instrument, type of instrument |
Grant of options over ordinary shares of 1p each in PipeHawk Plc
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Identification code |
ISIN: GB0003010609 |
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b) |
Nature of the transaction |
Grant of options |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information: - Aggregated volume - Price |
N/A |
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e) |
Date of the transaction |
12 November 2026 |
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f) |
Place of the transaction |
Outside a trading venue |
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