LPA Group PLC New contract awards (1818S)
July 07 2020 - 1:00AM
UK Regulatory
TIDMLPA
RNS Number : 1818S
LPA Group PLC
07 July 2020
LPA GROUP PLC
("LPA" or the "Group")
New contract awards
LPA Group Plc, t he high reliability LED lighting and
electro-mechanical system manufacturer, is pleased to announce
further contract wins for both UK and export rail markets.
Totaling GBP3.3m, these individual awards into the rail sector
include electro-mechanical assemblies into the UK, an LED lighting
contract for the Australian rail market and an electro-mechanical
jumper order for the UK rail market. Output against the contracts
is anticipated to commence in the current financial year (FY20)
with the majority of output expected through FY21.
Paul Curtis, CEO of LPA Group commented:
"These three awards, from three separate customers, continue to
grow our order book and underpin sales through the coming periods,
whilst reinforcing that rail projects continue in these uncertain
times. We continue to look ahead with cautious optimism."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
Enquires: www.lpa-group.com Tel:
------------------------------------- --------------------- --------------
LPA Group Plc
Peter Pollock Chairman 07881 626123
Paul Curtis CEO 01799 512858
Chris Buckenham CFO 01799 512859
Cairn Financial Advisers (Nominated Adviser) 020 7213 0880
James Caithie / Tony Rawlinson
finnCap (Broker) 020 7220 0500
Ed Frisby / Teddy Whiley (Corporate
Finance)
Tim Redfern / Tim Harper (ECM
& Sales)
Caution regarding forward looking statements
Certain statements in this announcement, are, or may be deemed
to be, forward looking statements. Forward looking statements are
identi ed by their use of terms and phrases such as "believe",
"could", "should" "envisage", "estimate", "intend", "may", "plan",
"potentially", "expect", "will" or the negative of those,
variations or comparable expressions, including references to
assumptions. These forward looking statements are not based on
historical facts but rather on the Directors' current expectations
and assumptions regarding the Company's future growth, results of
operations, performance, future capital and other expenditures
(including the amount, nature and sources of funding thereof),
competitive advantages, business prospects and opportunities. Such
forward looking statements re ect the Directors' current beliefs
and assumptions and are based on information currently available to
the Directors.
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
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contact rns@lseg.com or visit www.rns.com.
END
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