Final Dividend
October 29 2009 - 2:00AM
UK Regulatory
TIDMPOS
RNS Number : 5447B
Plexus Holdings Plc
29 October 2009
Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services
29 October 2009
Plexus Holdings PLC ('Plexus' or 'the Company')
Final Dividend
Plexus Holdings PLC, the AIM listed oil and gas engineering services business
and owner of the proprietary POS-GRIP method of wellhead engineering, is pleased
to announce that the proposed final dividend of 0.38p per share will, if
approved at the Annual General Meeting on Tuesday 1 December 2009, be paid on
4 December 2009 to all members appearing on the register of members on the
record date 6 November 2009. The ex-dividend date for the shares is 4 November
2009.
* * ENDS * *
For further information please visit www.posgrip.com or contact:
+-------------------+-----------------------------+------------------------+
| Ben van | Plexus Holdings PLC | Tel: 020 7795 6890 |
| Bilderbeek | | |
+-------------------+-----------------------------+------------------------+
| Graham Stevens | Plexus Holdings PLC | Tel: 020 7795 6890 |
+-------------------+-----------------------------+------------------------+
| Alex Dewar | Brewin Dolphin | Tel: 0845 213 2076 |
+-------------------+-----------------------------+------------------------+
| Felicity Edwards | St Brides Media & Finance | Tel: 020 7236 1177 |
| | Ltd | |
+-------------------+-----------------------------+------------------------+
| Isabel Crossley | St Brides Media & Finance | Tel: 020 7236 1177 |
| | Ltd | |
+-------------------+-----------------------------+------------------------+
Notes to Editors:
Plexus, which began trading on AIM in December 2005, is an established oil and
gas engineering and services business which supplies wellhead and mudline
suspension equipment for exploration and production applications based in
Aberdeen, with an office in London, Cairo, Kuala Lumpur and a presence in
Houston, Texas. It has developed and patented a method of engineering for oil
and gas field wellheads and connectors, POS-GRIP, which involves deforming one
tubular member against another to effect gripping and sealing.
POS-GRIP wellhead systems have to date been used or selected to be used in over
140 oil and gas wells by international companies including BHP Billiton, BG
International, BP, Brunei Shell Petroleum, Centrica, ConocoPhillips, Dubai
Petroleum, GDF SUEZ, Global Santa Fe, Maersk, Petro-Canada Trinidad & Tobago,
Red Sea Petroleum Operating Company, Repsol, RWE, Shell Egypt, StatoilHydro,
Silverstone Energy, Talisman Energy, Tullow Oil, and Wintershall.
The Company plans to accelerate the roll out of POS-GRIP technology as a
superior alternative to current wellhead technology. It has particular
advantages in HP/HT (High Pressure/High Temperature) and X-HP-HT (Extreme High
Pressure/High Temperature) oil and gas environments for which there is
increasing demand throughout the world. The Company's long-term goal is to
develop POS-GRIP technology as the future industry standard for wellhead design.
This objective includes the distribution of POS-GRIP technology through
licensees to maximise market penetration.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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