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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 May 2019 to May 2024
TIDMTPG
RNS Number : 0938R
TP Group PLC
06 December 2016
6 December 2016
This announcement contains inside information
TP Group plc
("TP Group" or the "Company")
Contract Award
TPG Engineering Contract with GE Oil & Gas
TP Group (AIM: TPG), the specialist services and engineering group, announces that its subsidiary TPG Engineering has been awarded a contract by GE Oil & Gas within the nuclear sector.
Valued at c.GBP1.5m, the contract commences immediately and will be delivered by TPG Engineering from its facility at Dukinfield, Greater Manchester over the next two years.
TP Group is investing in updating its Dukinfield facility to deliver this contract by enhancing manufacturing capabilities and streamlining processes. In addition, the Company will be recruiting engineers and technicians in the north-west of England to support this project and other similar work.
Phil Cartmell, Chief Executive of TP Group, commented:
"We are delighted to have been selected by GE for this project. It represents a major step forward in the growth of the company as a major industrial supplier in the north west of England.
This award demonstrates how the wider TP Group can apply its breadth of experience and expertise to work with global customers on strategic programmes. We believe that securing this contract also positions us well for further complex engineering opportunities in conventional and nuclear power, in defence and other 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 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 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 06, 2016 06:23 ET (11:23 GMT)
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