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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
TP Group PLC
07 June 2018
7 June 2018
TP Group plc
("TP Group" or the "Company" or the "Group")
TP Group and Naval Group agree framework for future work
TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce it has signed a five-year framework agreement ("the Agreement") with Naval Group, the French defence prime contractor responsible for building submarines and surface ships for the French navy and other international customers.
The Agreement builds upon past work, and seeks to formalise the working arrangements between the two companies. In addition, the Agreement also sets out standard terms of business that will enable TP Group to respond quickly to Naval Group requirements.
The Agreement is effective immediately and will cover work on atmosphere management systems on-board surface ships and submarines in the naval defence industry.
Phil Cartmell, Chief Executive of TP Group commented:
"This is an excellent step forward with our French customer, which enhances our working relationships outside the UK and sets the tone for future collaborations with Naval Group. In addition, this Agreement will enable us to align with their business and respond quickly and effectively to their requirements."
"We look forward to continuing to build on a very fruitful relationship over the next five years and beyond."
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 Securities plc Tel: 020 7397 8980 Mark Connelly / Callum Davidson www.cenkos.com Vigo Communications Tel: 020 7390 0230 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 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
NRAUGUGUQUPRUMM
(END) Dow Jones Newswires
June 07, 2018 03:10 ET (07:10 GMT)
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