RNS Reach Story
Go to market news section View chart   Print
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


www.tpgroup.uk.com




Cenkos Securities plc

Tel: 020 7397 8980

Stephen Keys / Callum Davidson / Mark Connelly


www.cenkos.com




Vigo Communications

Tel: 020 7390 0230

Jeremy Garcia / Fiona Henson / Charlie Neish


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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRAKKFBNOBKDPDK
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Submarine Carbon Dioxide System Contract - RNS