TIDMPRES

RNS Number : 3609P

Pressure Technologies PLC

17 February 2016

17 February 2016

Pressure Technologies plc

("Pressure Technologies" or the "Group")

Result of AGM

At the Annual General Meeting of Pressure Technologies (AIM: PRES), held today at 11.00 hours, all the resolutions proposed were duly passed.

The presentation given by John Hayward, Chief Executive and Alan Wilson, Chairman of Pressure Technologies, at the AGM is available on the Company's website: www.pressuretechnologies.com

For further information, please contact:

 
  Pressure Technologies plc              Tel: 0114 257 3622 
   John Hayward, Chief Executive          www.pressuretechnologies.com 
   Jo Allen, Group Finance Director 
   Keeley Clarke, Investor Relations 
  Tavistock                              Tel: 020 7920 3150 
   Simon Hudson 
  Cantor Fitzgerald Europe (Nominated    Tel: 020 7894 8337 
   Adviser and Broker) 
   Philip Davies / Will Goode

COMPANY DESCRIPTION

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 systems serving the global energy, defence and industrial gases markets. Today it continues to serve those markets from a broader engineering base with specialist precision engineering businesses and has a worldwide presence in Alternative Energy as the global leader in biogas upgrading. On this foundation, the company is building a highly profitable group of companies through a combination of organic initiatives and acquisitions.

Pressure Technologies has four divisions, Precision Machined Components, Cylinders, Engineered Products and Alternative Energy, serving four markets: oil and gas, defence, industrial gases and alternative energy.

Precision Machined Components

   --      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

Cylinders

-- Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 www.chesterfieldcylinders.com

-- Kelley GTM Manufacturing, Amarillo - 40% stake acquired by the Group in December 2013 www.kelleygtm.com

Engineered Products

   --      Hydratron, Manchester and Houston, acquired in 2010 www.hydratron.com

Alternative Energy

-- Chesterfield BioGas, Sheffield, founded in 2008. Renamed Greenlane Biogas UK on 5 June 2015.

-- Greenlane, Vancouver, Canada and Auckland, New Zealand, acquired in October 2014 www.greenlanebiogas.com

This information is provided by RNS

The company news service from the London Stock Exchange

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February 17, 2016 08:14 ET (13:14 GMT)