TP ICAP Group PLC

Regulatory Filings • Nov 29, 2016

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 4291Q

TP Group PLC

29 November 2016

29 November 2016

This announcement contains inside information

TP Group plc

("TP Group" or the "Company")

TPG secures BAE Systems contract

TP Group (AIM: TPG), the specialist services and engineering group, announces it has been awarded a contract with BAE Systems Marine Ltd. for £5.3m.

The contract commences immediately and will be delivered over the next two years by the Group's engineering team in Portsmouth. This contract is in addition to the two previous announcements made in July and August this year, regarding sole-source negotiations that are now in progress for future contracts involving the MoD and TP Group.

Phil Cartmell, Chief Executive of TP Group commented: "We are delighted to have secured another contract with BAE Systems Marine Ltd as we have a long history of working with them on naval programmes. We look forward to working together to deliver this project."

For further information, please contact: 

TP Group plc Phil Cartmell, Chief Executive Officer Derren Stroud, Chief Financial Officer www.tpgroup.uk.com	Tel: 01753 285 810
Cenkos Stephen Keys / Mark Connelly www.cenkos.com	Tel: 020 7397 8980
Vigo Communications Jeremy Garcia / Fiona Henson www.vigocomms.com	Tel : 020 7830 9700

NOTES TO EDITORS

TP Group is a group of innovative UK based engineering companies, supplying technologies and support to global markets. 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 the AIM market since July 2001.   

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTLLFFILILAFIR