How much retention is PipeHawk plc holding from the Utsi Electronics disposal?

PipeHawk plc is a UK-listed technology company that designs and manufactures advanced inspection and monitoring systems for pipeline infrastructure, serving utilities and industrial operators globally. The company operates across Europe and North America, positioning itself in the specialized subsector of pipeline diagnostics and asset management solutions. As a small-cap listed entity on the London Stock Exchange, PipeHawk serves a niche but essential market within critical infrastructure maintenance and compliance.

Sector: Hardware & Electronics
Market: AIM

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What did PipeHawk plc complete on 30 June 2026?

PipeHawk plc completed the sale of Utsi Electronics for £1.0m cash consideration on 30 June 2026, with £100,000 held back as retention for up to 12 months and net proceeds of approximately £0.9m to be applied to working capital.

Updated 30 Jun 2026

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When was the sale of Utsi Electronics first notified to the market?

The sale of Utsi Electronics was first notified in December 2025 and was subject to regulatory and customary completion conditions.

Updated 30 Jun 2026

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After the disposal of Utsi Electronics, what is PipeHawk plc's remaining operating business?

After the disposal of Utsi Electronics, Thomson Engineering Design (including Wessex) is PipeHawk plc's sole remaining operating business.

Updated 30 Jun 2026

Insight

What regulatory development did PipeHawk report on 26 May 2026 regarding Utsi Electronics?

On 26 May 2026 PipeHawk said a Cabinet Office notification cleared a regulatory barrier to the proposed disposal of the entire issued share capital of Utsi Electronics, though completion remained subject to other customary conditions and deliverables.

Updated 30 Jun 2026

Insight

What completion did PipeHawk plc expect on 30 June 2026?

On 30 June 2026 PipeHawk plc expected completion of the sale of Utsi Electronics for £1.0m with a £100,000 retention, with immediate effect being application of net proceeds to working capital and a reduction to the group operating structure (Thomson Engineering Design remains).

Updated 30 Jun 2026

Identifiers

Ticker: AIM:PIP
Market: AIM
ISIN: GB0003010609
LEI: 213800CYT8OXEYWCNO29

Learn more on:

GLEIF Companies House

Timeline

Tech Today: Made Tech beats upgraded guidance, Chill Brands, CloudCoCo, PipeHawk, GenIP, Smarter Web Company

PipeHawk completes sale of Utsi Electronics for £1m

PipeHawk shares climb after Cabinet Office clearance

PipeHawk extends long-stop date for Utsi Electronics disposal

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