Aim Bulletin
PipeHawk says due date for Utsi disposal extended through June
By Josh White
Date: Friday 01 May 2026
(Sharecast News) - PipeHawk said on Friday that the long-stop date for the proposed disposal of Utsi Electronics had been extended to 30 June.
The AIM-listed company said the extension was intended to allow, among other matters, satisfaction of provisions under the National Security and Investment Act 2021.
PipeHawk first announced the revised long-stop arrangements for completion of the proposed disposal of the entire issued share capital of Utsi Electronics on 2 March.
The company said there could be no certainty over the timing of completion of the disposal, or whether the National Security and Investment Act condition would be satisfied.
PipeHawk said a further update would be provided in due course.
At 0834 BST, shares in PipeHawk were up 16.36% at 3.2p.
Reporting by Josh White for Sharecast.com.
See latest RNS on Investegate
Article Archive
Free Membership To Digital Look
Discover the full range of Investor's Tools and Services from Digital Look - voted 'Best Research & Information Provider 2007' by Investors Chronicle.
En HeaderFooterDLYou are here: research