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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Pressure Technologies Plc | AQSE:PRES.GB | Aquis Stock Exchange | Ordinary Share | GB00B1XFKR57 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 34.50 | 32.00 | 37.00 | 34.50 | 34.50 | 34.50 | 0.00 | 07:08:34 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMPRES
RNS Number : 5252P
Pressure Technologies PLC
08 February 2019
8 February 2019
Pressure Technologies plc
("Pressure Technologies" or the "Company")
Update on Health & Safety Executive Investigation
Pressure Technologies (AIM: PRES), the specialist engineering group, today provides an update on the Health & Safety Executive ("HSE") investigation following the fatal accident at Chesterfield Special Cylinders ("CSC") in June 2015.
Following the conclusion of their investigation, the HSE has now advised the Company that it intends to prosecute CSC in relation to the accident and that a preliminary court hearing has been set for 6 March 2019. It is not possible to determine what the outcome of this court hearing will be and, given the nature of the sentencing guidelines, nor is it possible to determine with any certainty what, if any, financial penalties might be levied on CSC.
The Company continues to take legal advice on this matter and will provide further updates.
For further information, please contact:
Pressure Technologies plc Tel: 0114 257 3616 Chris Walters, Chief Executive www.pressuretechnologies.com Joanna Allen, Chief Financial Officer Cantor Fitzgerald Europe (Nominated Adviser Tel: 020 7894 7000 and Broker) Philip Davies / Will Goode Belvedere Communications Tel: 07967 816 525 Keeley Clarke (kclarke@belvederepr.com) Tel: 07715 769 078 Cat Valentine (cvalentine@belvederepr.com)
Company description - www.pressuretechnologies.com
With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-pressure components and systems serving the global energy, defence and industrial gases markets.
Precision Machined Components - www.pt-pmc.com
-- Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk -- Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk -- Quadscot, Glasgow, acquired in October 2014 www.quadscot.co.uk -- Martract Limited, Barton-on-Humber, acquired in December 2016 www.martract.co.uk
Cylinders
-- Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 and includes, CSC Deutschland Gmbh, which is based in Dorsten, Germany and Chesterfield Special Cylinders Inc. which is based in Houston, USA www.chesterfieldcylinders.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
MSCEAFAPEDPNEFF
(END) Dow Jones Newswires
February 08, 2019 06:40 ET (11:40 GMT)
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