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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 |
From Apr 2019 to Apr 2024
TIDMTPG
RNS Number : 4780I
TP Group PLC
31 August 2016
31 August 2016
This announcement contains price sensitive information
TP Group plc
("TP Group" or the "Company")
Contract win
TP Group (AIM: TPG), the specialist technology, engineering and managed solutions group, is pleased to announce it has signed a contract to supply a new variant of its existing carbon dioxide scrubber technology to ThyssenKrupp Marine Systems GmbH ('TKMS'), one of the leading system providers of non-nuclear submarines and high-end vessels.
The initial contract with TKMS is worth a minimum of GBP1.65 million, with the potential for multiple further units.
The carbon dioxide scrubber system will be designed and built at the TPG Maritime facility in Portsmouth with delivery to TKMS scheduled for Q4 2017.
Phil Cartmell, Chief Executive of TP Group commented:
"We are delighted to have secured this contract with TKMS, a new European customer for TPG. It further underlines our market leading position in this area, and is a key addition to our growing customer base, where we now supply our systems to a significant number of global submarine manufacturers."
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
CNTLLFIATRIIVIR
(END) Dow Jones Newswires
August 31, 2016 02:01 ET (06:01 GMT)
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