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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cradle Arc | LSE:CRA | London | Ordinary Share | GB00BYZ6H873 | ORD GBP0.0001 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.625 | 0.60 | 0.65 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
TIDMTPG
TP Group PLC
13 September 2016
13 September 2016
TP Group plc
("TP Group" or the "Company")
Contract win
TPG Engineering to build integrated steam management system
TP Group (AIM: TPG), the specialist technology, engineering and managed solutions group, announces that TPG Engineering, the Group's thermal systems company based in Dukinfield, Greater Manchester, has been awarded a project to build a large steam condenser, to be installed next year at a chemical processing plant in the UK.
The project is significant to TPG as it is the first on this scale to be delivered as a total package solution. The package includes conventional heat exchanger bundles, manifolds, pumps, fans and steam control systems. The supply also includes electro-mechanical design and fabricated structures such as walkways and handrails to go alongside the system on site as a turnkey provision.
TPG Engineering will support installation with a commissioning package to ensure minimum down-time of the production facility.
Valued at just under half a million pounds, this project rewards the transformation of the Dukinfield business, under its new management team, from a traditional thermal equipment business to a supplier of end-to-end systems and solutions for critical applications.
The system is planned to go into service in early 2017 and is hoped to be the first of many similar integrated systems to be produced at the Dukinfield facility.
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 Tel: 020 7397 8980 Stephen Keys / Mark Connelly www.cenkos.com Vigo Communications Tel : 020 7830 9700 Jeremy Garcia / Fiona Henson www.vigocomms.com
NOTES TO EDITORS
TP Group is a group of innovative UK based engineering companies, supplying technologies and support to global markets. 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 the AIM market since July 2001.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRALLFSDAEIFLIR
(END) Dow Jones Newswires
September 13, 2016 02:01 ET (06:01 GMT)
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