Holding(s) in Company

For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                               PipeHawk plc
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            X
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
                                                              Mrs Jacquiline H Creswell,
3. Full name of person(s) subject to the                                                
notification obligation:iii                   Miss Antonia P N Creswell and Mr Robin B B
                                                                                Creswell
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                          10 March 2014
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                          24 March 2014
                                                                                        
7. Threshold(s) that is/are crossed or                                                5%
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                                             
                                                                                                                 
A: Voting rights attached to shares viii, ix                                                                     
                                                                                                                 
Class/type   Situation previous                  Resulting situation after the triggering transaction            
of           to the triggering                                                                                   
shares       transaction                                                                                         
                                                                                                                 
                                                                                                                 
if possible  Number                  Number      Number              Number of voting         % of  voting rights
using        of                      of          of shares           rights                   x                  
the ISIN     Shares                  Voting                                                                      
CODE                                 Rights                                                                      
                                                 Direct              Direct xi Indirect xii   Direct Indirect    
                                                                                                                 
                                                                                                                 
ORD                                                                                                              
             1,354,000               1,354,000   1,700,000           1,700,000                5.15%              
GB0003010609                                                                                                     
                                                                                                                 
                                                                                                                 
                                                                                                                 
B: Qualifying Financial Instruments                                                                              
                                                                                                                 
Resulting situation after the triggering transaction                                                             
                                                                                                                 
Type of        Expiration             Exercise/                       Number of voting            % of voting    
financial      date xiii              Conversion Period xiv           rights that may be          rights         
instrument                                                            acquired if the                            
                                                                      instrument is                              
                                                                      exercised/ converted.                      
                                                                                                                 
                                                                                                                 
                                                                                                                 
                                                                                                                 
                                                                                                                 
C: Financial Instruments with similar economic effect to Qualifying Financial                                    
Instruments xv, xvi                                                                                              
                                                                                                                 
Resulting situation after the triggering transaction                                                             
                                                                                                                 
Type of       Exercise price         Expiration Exercise/            Number of voting rights    % of voting      
financial                            date xvii  Conversion period    instrument refers to       rights xix, xx   
instrument                                      xviii                                                            
                                                                                                                 
                                                                                                                 
                                                                                                Nominal Delta      
                                                                                                                 
                                                                                                                 
                                                                                                                 
                                                                                                                 
                                                                                                                 
Total (A+B+C)                                                                                                    
                                                                                                                 
Number of voting rights                                  Percentage of voting rights                             
                                                                                                                 
1,700,000                                                5.15                                                    
                                                                                                                 


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                        N/A
                                                                                        
11. Number of voting rights proxy holder will cease                                  N/A
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                    N/A
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                                         Robin Creswell
                                                                                        
15. Contact telephone number:                                              020 7621 3000