THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR.

4 JULY 2023

Hawkwing Plc (In Liquidation)
(the “Company”)
Appointment of voluntary liquidators

On 19 May 2023 it was announced that the joint administrators had applied to the Insolvency and Companies Court of the Chancery Division of the High Court of Justice, pursuant to paragraph 55 of Schedule B1 to the Insolvency Act 1986 to seek directions (the “Directions Application”), following rejection of the joint administrators’ statement of proposals at the virtual meeting held on 12 May 2023.

The Directions Application was heard on 5 June 2023 by ICC Judge Prentis.

ICC Judge Prentis ordered for the termination of the administration and that Benjamin Thom Cairns (Insolvency Practitioner Number: 9697) and Mark Granville Firmin (Insolvency Practitioner Number: 9284), each of Alvarez & Marsal Europe LLP at Park House, 16-18 Finsbury Circus, London, EC2M 7EB, act as the joint liquidators of the Company (the “Joint Liquidators”) in a creditors’ voluntary liquidation of the Company. The appointment of the Joint Liquidators took effect from 28 June 2023.

The Joint Liquidators’ contact details are as follows:

Hawkwing Plc (in liquidation)
c/o - Alvarez & Marsal Europe LLP, Park House
16 – 18 Finsbury Circus
London, EC2M 7EB

Email: bcairns@alvarezandmarsal.com, mfirmin@alvarezandmarsal.com, INS_HAWKWP@alvarezandmarsal.com
The Joint Liquidators will make a further update to the market in due course.