20th Nov 2018 07:00
20 November 2018
TP Group plc
("TP Group" or the "Company" or the "Group")
Rugged systems order worth c.£0.75m from UAE
TP Group (AIM:TPG), the specialist services and engineering group, is pleased to announce an order from a customer in the United Arab Emirates worth c.£0.75m. This is the first order of note received by Westek Technology Ltd ("Westek") since its acquisition by the Group which was announced on 5 November 2018.
Under this order, more than 50 rugged servers and data storage systems will be built at the Westek facility in Wiltshire for delivery in 2019.
Phil Cartmell, Chief Executive Officer of TP Group, commented:
"It is pleasing to see the first noteworthy win for the Westek team since they joined the Group earlier this month. The Gulf region has long been one of our strategic market expansion targets. Orders such as this increase our footprint in the region and expand our customer base, whilst also complementing the work already delivered by our technology and engineering teams."
For further information, please contact:
TP Group plc | Tel: 01753 285 810 |
Phil Cartmell, Chief Executive Officer |
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Derren Stroud, Chief Financial Officer |
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www.tpgroup.uk.com |
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Cenkos Securities plc | Tel: 020 7397 8980 |
Mark Connelly / Callum Davidson |
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www.cenkos.com |
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Vigo Communications | Tel: 020 7390 0230 |
Jeremy Garcia / Fiona Henson / Charlie Neish |
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www.vigocomms.com |
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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.
Related Shares:
TPG.L