POS Plexus Holdings Plc

LONDON--Plexus Holdings PLC (POS.LN), an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP(R) friction-grip method of wellhead engineering, said Tuesday it has extended a contract with Centrica North Sea Gas Ltd. for the supply and sale of an additional POS-GRIP wellhead system (5,000 psi) and services for the GROVE 49/10a-4 (G1) production well in the southern North Sea.

MAIN FACTS:

-Contract is worth up to 850,000 pounds with revenues expected to start in the first quarter of Plexus' 2014 financial year.

-Shares unchanged at 262 pence valuing the company at GBP216.95 million.

-Write to Ian Walker at ian.walker@wsj.com

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