25th Jun 2018 07:00
25 June 2018
TP Group plc
("TP Group" or the "Company" or the "Group")
TP Group secure £2m export defence equipment contract
TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce it has received an order for £2m 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 |
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Derren Stroud, Chief Financial Officer |
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www.tpgroup.uk.com |
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Cenkos | Tel: 020 7397 8980 |
Mark Connelly / Callum Davidson |
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www.cenkos.com |
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Vigo Communications | Tel: 020 7390 0238 |
Jeremy Garcia / Fiona Henson |
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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