TP ICAP Group PLC

Regulatory Filings • Dec 17, 2015

National Storage Mechanism | Additional information

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RNS Number : 3300J

TP Group PLC

17 December 2015

17 December 2015

TP Group plc

("TP Group" or the "Group")

TP Group wins £1.95m defence sector orders

TP Group (AIM: TPG), the specialist technology, engineering and managed solutions group focused on the aerospace & defence and energy & process industry sectors, is pleased to announce that it has received two defence sector orders this week worth a total of circa £1.95m from Babcock International Group.  These orders are for the overhaul of Submarine Atmosphere Control Systems during the refit of two UK Submarines.  The work will be undertaken in Portsmouth over the next two years.

Phil Cartmell, Chief Executive Officer, commented:

"We are very pleased to secure further maintenance and repair work from Babcock.  These orders further strengthen our order book in the aerospace & defence sector, and provide good visibility of both revenue and production activity at our Portsmouth facility for 2016 and beyond."

For further information please contact:

TP Group Plc
Phil Cartmell, Chief Executive Officer	01753 285 810
Mark Crawford, Chief Financial Officer www.tpgroup.uk.com
Cenkos
Steven Keys / Mark Connelly www.cenkos.com	020 7397 8980
Vigo Communications
Jeremy Garcia / Fiona Henson	020 7016 9570
www.vigocomms.com

NOTES TO EDITORS

TP Group is a group of innovative UK based engineering companies, supplying technologies and support to global Aerospace & Defence and Energy & Process Industries markets. The Group designs and develops advanced technologies; engineers complex equipment and systems; and provides support throughout their operational life. TP Group shares have been traded on the London Alternative Investment Market (AIM) since July 2001.

This information is provided by RNS

The company news service from the London Stock Exchange

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