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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cape | LSE:CIU | London | Ordinary Share | JE00B5SJJD95 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 263.125 | 262.00 | 264.25 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMCIU
RNS Number : 3011U
Cape plc
17 January 2017
News Release
17 January 2017
Cape awarded insulation work packages for Jazan Project in the Kingdom of Saudi Arabia
Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, is pleased to announce Cape RB Hilton has been awarded three substantial insulation work packages from Nasser S. Al Hajri Corporation (NSH) for the Jazan project in the Kingdom of Saudi Arabia (KSA). Work will commence in early 2017 with completion anticipated in 2018.
Saudi Aramco's Jazan Refinery and Terminal is being constructed on the southern coast of the Red Sea. The refinery will process 400,000 barrels per day of Arabian Heavy and Arabian Medium crudes.
Established in 1978, NSH is the leading industrial contractor within KSA having in excess of 100,000 employees operating globally in its group.
Commenting on the award, Steve Connolly, Regional MD for Cape in the Middle East, said: "We are delighted with the award of these prestigious and strategically important insulation work packages with NSH which further cement our growing presence in the Jazan region. We look forward to continuing our long and successful relationship with NSH and the safe and successful delivery of this project for all involved."
About Cape:
Cape (www.capeplc.com), which is premium listed on the main market of the London Stock Exchange, is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Our multi-disciplinary service offering includes access systems, insulation, specialist coatings, passive fire protection, refractory linings, mechanical services, environmental services, oil and gas storage tanks and heat exchanger replacement and refurbishment. Cape employs c.16,400 people working across 19 countries and in 2015 reported adjusted revenue of GBP711.4 million.
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Enquiries
Cape plc
Joe Oatley, Chief Executive +44 (0) 1895 459 979
Michael Speakman, Chief Financial Officer +44 (0) 1895 459 979
Ian Wood, Head of Investor Relations +44 (0) 1895 459 979
Buchanan
Bobby Morse, Ben Romney, Chris Judd +44 (0) 207 466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 17, 2017 02:00 ET (07:00 GMT)
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