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TP Group PLC   -  TPG   

Submarine Carbon Dioxide System Contract

Released 07:00 09-Jan-2020

RNS Number : 2126Z
TP Group PLC
09 January 2020

RNS Reach


9 January 2020


TP Group plc

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

Submarine Carbon Dioxide System Contract

TP Group (AIM: TPG), the providers of mission-critical solutions for a more secure world, announces that it has been awarded a contract valued at c.£1.0 million from an existing long-term customer based in South East Asia for the supply of a submarine carbon dioxide removal system.

The work will be undertaken at the TP Group facility in Portsmouth for delivery at the end of 2020.  This contact is part of a broader replacement programme.

Phil Cartmell, Chief Executive Officer of TPG commented:

"We are delighted once again to have secured this contract with a long-term customer in the maritime sector. It also demonstrates our growing reputation as a trusted supplier in a global market."


For further information, please contact:


TP Group plc

Tel: 01753 285 810

Phil Cartmell, Chief Executive Officer

Derren Stroud, Chief Financial Officer


Cenkos Securities plc

Tel: 020 7397 8980

Stephen Keys / Callum Davidson / Mark Connelly


Vigo Communications

Tel: 020 7390 0230

Jeremy Garcia / Fiona Henson / Charlie Neish




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.

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Submarine Carbon Dioxide System Contract - RNS