TP ICAP Group PLC

Regulatory Filings • Jan 9, 2018

National Storage Mechanism | Additional information

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RNS Number : 2856B

TP Group PLC

09 January 2018

9 January 2018

TP Group plc

("TP Group", the "Company" or the "Group")

DEFENCE REFURBISHMENT CONTRACT WIN

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce that it has been awarded a c.£0.9m contract by a defence prime contractor to overhaul an atmosphere management system already fitted to an operational submarine.

The contract, which commences immediately, forms part of a broader, through-life support programme that is typical for equipment which remains in service for periods in excess of 30 years. This contract is expected to be delivered during 2018 by the Company's engineering teams across the UK.

Phil Cartmell, Chief Executive Officer of TPG commented:

"We are very pleased to kick off the New Year with another contract to support in-service equipment in the submarine fleet. This is a reminder that our equipment is expected to perform its critical function over a prolonged period, and demonstrates the high technical standards and long term partnership that such equipment demands, and which continue to provide a strong foundation for our business."

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	Tel: 020 7397 8980
Mark Connelly / Callum Davidson
www.cenkos.com
Vigo Communications	Tel: 020 7830 9700
Jeremy Garcia / Fiona Henson / Emma Lord
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 company news service from the London Stock Exchange

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