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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cape | LSE:CIU | London | Ordinary Share | JE00B5SJJD95 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 263.125 | 262.00 | 264.25 | 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
TIDMCIU
RNS Number : 8034J
Cape plc
22 December 2015
News Release
22 December 2015
Cape awarded maintenance contract in Azerbaijan
Cape plc, an international leader in the provision of critical industrial services to the energy and natural resources sectors, is pleased to announce its SOCAR Cape joint venture has been awarded a two year extension contract by BP for the provision of Fabric Maintenance Services at its onshore and offshore assets in Azerbaijan. The contract has an estimated value of over $90 million.
Joe Oatley, Chief Executive of Cape, said: "We are delighted to announce the award of this contract extension which demonstrates BP's confidence in the quality and efficiency of the services provided by our SOCAR Cape joint venture."
Cape notes the recent announcement of the devaluation of the manat. It is too early to determine the effect of this devaluation on the Azerbaijan economy and the SOCAR Cape joint venture remains focused on delivering a high quality and safe service to all of its customers within the country.
About Cape:
Cape (www.capeplc.com), which is premium listed on the main market of the London Stock Exchange, is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Our multi-disciplinary service offering includes access systems, insulation, specialist coatings, passive fire protection, refractory linings, environmental services, oil and gas storage tanks and heat exchanger replacement and refurbishment. Cape employs over 17,000 people working across 21 countries and in 2014 reported adjusted revenue of GBP698.3 million.
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Enquiries
Cape plc
Joe Oatley, Chief Executive +44 (0) 1895 459 979
Michael Speakman, Chief Financial Officer +44 (0) 1895 459 979
Buchanan
Bobby Morse, Ben Romney, Helen Chan +44 (0) 207 466 5000
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 22, 2015 02:00 ET (07:00 GMT)
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