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Export defence contract win

12th Dec 2017 07:00

RNS Number : 0185Z
TP Group PLC
12 December 2017
 

12 December 2017

 

TP Group plc

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

 

EXPORT DEFENCE CONTRACT WIN

 

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce that it has been awarded a £0.7m contract to supply equipment to a major overseas defence contractor.

 

The contract, which commences immediately, is part of a wider equipment programme for submarine gas management that TPG is supporting with this customer. This contract is expected to be completed during 2018 by the Company's engineering team in Portsmouth.

 

Phil Cartmell, Chief Executive Officer of TPG commented:

"We are very pleased to continue our relationship with this long-established customer. This work adds to the planned activity in Portsmouth, and further supports the Group's expansion in export markets as we broaden our reach as a global supplier of complex equipment."

 

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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