TPG Tp Group Plc

TIDMTPG

RNS Number : 2986Z

TP Group PLC

14 December 2017

14 December 2017

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

TP Group plc

("TP Group", the "Company" or the "Group")

CONTRACT WIN

TP Group secures GBP6.9m defence contract

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce that it has been awarded a GBP6.9m contract to supply equipment to a major UK defence contractor.

The contract, which commences immediately, is part of a critical long-term defence programme and is expected to be completed over the next two years by the Company's engineering team.

Phil Cartmell, Chief Executive Officer of TPG commented:

"We are delighted to continue our participation in such a critical, long-term programme within the UK defence sector. This contract will ease the delivery of the overall programme by aligning the skills and competences of our engineering businesses in Portsmouth and Manchester with our delivery partners.

"The scale and importance of such a contract also improves production visibility at our facilities, in addition to continuing the positive trading momentum currently being experienced across the Group."

For further information, please contact:

 
 TP Group plc             Tel: 01753 285 810 
 Phil Cartmell, Chief 
  Executive Officer 
 Derren Stroud, Chief 
  Financial Officer 
 www.tpgroup.uk.com 
 
 Cenkos                   Tel: 020 7397 8980 
 Mark Connelly / Callum 
  Davidson 
 www.cenkos.com 
 
 Vigo Communications      Tel: 020 7830 9701 
 Jeremy Garcia / Fiona 
  Henson / Emma Lord 
 www.vigocomms.com 
 

Notes to Editors

TP Group designs and develops advanced technologies, engineers complex equipment and systems, and provides support throughout their operational life. The Company's shares have been traded on AIM since July 2001.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 14, 2017 02:00 ET (07:00 GMT)

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