TP Group PLC Secures £2m export defence equipment contract (3165S)
June 25 2018 - 1:00AM
UK Regulatory
TIDMTPG
RNS Number : 3165S
TP Group PLC
25 June 2018
25 June 2018
TP Group plc
("TP Group" or the "Company" or the "Group")
TP Group secure GBP2m export defence equipment contract
TP Group (AIM: TPG), the specialist services and engineering
group, is pleased to announce it has received an order for GBP2m
from Naval Group under the terms of the five-year framework
agreement announced 7 June 2018.
This order is to build and supply an advanced gas management
system, following announcement of a preliminary contract on 12
December 2017. The work, which will be carried out by the Group's
Engineering & Technology business unit, will commence
immediately and is expected to be completed in 2019.
Phil Cartmell, Chief Executive of TP Group commented:
"Following the announcement of our strategic framework agreement
earlier this month, I am very pleased to have secured this first
order and begin the delivery process under this arrangement."
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 7390 0238
Jeremy Garcia / Fiona Henson
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 news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
CNTDMGZVRZDGRZM
(END) Dow Jones Newswires
June 25, 2018 02:00 ET (06:00 GMT)
Tp (LSE:TPG)
Historical Stock Chart
From Apr 2024 to May 2024
Tp (LSE:TPG)
Historical Stock Chart
From May 2023 to May 2024