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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tp Group Plc | LSE:TPG | London | Ordinary Share | GB0030591514 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.20 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTPG
RNS Number : 8936R
TP Group PLC
15 December 2016
15 December 2016
TP Group plc
("TP Group" or the "Company" or the "Group")
Board Change
TP Group (AIM: TPG), the specialist services and engineering group, announces that Richard King will stand down from his position as Non-Executive Chairman of the Board with effect from 31 December 2016.
Richard was appointed to the Board in February 2011, becoming Non-Executive Chairman in March 2013. He oversaw the evolution of the Group from a loss-making research and development business into a profitable Tier 2 services and engineering business in industrial and defence sectors and continuing this progress with a positive outlook, as announced in yesterday's trading update.
Richard will continue with his charity work whilst exploring new opportunities alongside his other business interests.
Andrew McCree will take over as Non-Executive Chairman and the Company has commenced the search for an additional, suitably qualified, independent non-executive director and will update shareholders accordingly.
Phil Cartmell, Chief Executive of TP Group, commented:
"I would like to thank Richard for his support and guidance over the last six years. The Group has made great progress under his stewardship and has established a strong platform to work with global customers on strategic programmes. We look forward to continuing this progress with Andrew as we pursue further complex services and engineering opportunities in the defence, government and industrial sectors."
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 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 company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
December 15, 2016 02:00 ET (07:00 GMT)
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