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Sale of Westek Technology Ltd.

29th Dec 2022 15:04

RNS Number : 2428L

TP Group PLC

29 December 2022

This announcement contains inside information

TP Group plc

("TP Group" or the "Company")

Sale of Westek Technology Ltd.

TP Group (AIM: TPG), announces that it has entered into a conditional agreement to dispose of the entire issued share capital of its non-core business, Westek Technology Ltd to Roda Computer GmbH for a cash consideration of £0.8m. Completion of the disposal is subject to regulatory clearance in the UK. The Company will make a further announcement in due course.

TP Group plc	Tel: 01753 285802
Derren Stroud, Chief Financial Officer
www.tpgroupglobal.com

Cenkos Securities plc	Tel: 020 7397 8980
Stephen Keys / Mark Connelly / Callum Davidson
www.cenkos.com

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