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vortex pipes ltd (VTX) Snapshot

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11/14/13 - A$0.0020
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09/11/13 - A$0.0010
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vortex pipes ltd (VTX) Details

Vortex Pipes Limited develops and commercializes ShieldLiner System. Its ShieldLiner System is a trenchless pipe relining technology for the rehabilitation of existing pipes. The company was formerly known as ShieldLiner Limited and changed its name to Vortex Pipes Limited in December 2007. Vortex Pipes Limited is based in Wangara, Australia.

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vortex pipes ltd (VTX) Key Developments

Vortex Pipes Limited Signs Technology Non-Disclosure Agreement with The Kelley Group

Vortex Pipes Limited announced that it has signed a technology non-disclosure agreement with The Kelley Group. The NDA is in relation to confidential information about the company's wholly-owned ShieldLiner technology and its potential distribution into the US markets. The agreement remains in place for a two year period, beginning the date of execution. Under the terms of the agreement, The Kelley Group will be unable to work with any other competing trenchless pipeline technology companies for the full duration of the two year period.

Vortex Pipes Limited Appoints Sean McGrath as Non-Executive Director and its North American Chief Financial Officer

Vortex Pipes Limited announced the appointment of Mr. Sean McGrath as a Non-Executive Director and its North American Chief Financial Officer (CFO), effective immediately. Mr. McGrath brings to the role over 17 years' experience in financial reporting, accounting and corporate advisory for companies operating in the North American oil and minerals industry. His expertise and specific knowledge of the region and industry are of great strategic importance to the company, as it works to establish key distribution partners for Vortex's flagship proprietary ShieldLiner pipeline rehabilitation technology. The appointment of Mr. McGrath marks an important development in the advancement of Vortex's strategy and further strengthens the company's leadership team in North America. Mr. McGrath will be based in Vortex Pipes' Canadian office, alongside Director Brett Matich.

Vortex Pipes Limited, Annual General Meeting, Nov 27, 2013

Vortex Pipes Limited, Annual General Meeting, Nov 27, 2013.


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