TP ICAP Group PLC

Regulatory Filings • Jan 30, 2019

National Storage Mechanism | Additional information

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RNS Number : 4630O

TP Group PLC

30 January 2019

RNS Reach

30 January 2019

TP Group plc

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

Follow-on order for Carbon Dioxide equipment

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce an order worth £0.8 million to supply carbon dioxide removal equipment for fitment to a new-build submarine by an overseas shipbuilder. 

This is the third order in a multi-unit export programme. These orders are the result of TP Group's continued development of compact, quiet and lightweight equipment that meets the demanding requirements of this sector.

The equipment will be built at TP Group's engineering facility in Portsmouth, and is expected to be delivered in 2019.

Phil Cartmell, Chief Executive Officer of TP Group commented:

"This order is a recognition of the close working relationships that our Technology and Engineering team has established with several global prime contractors. We strive to be a trusted partner that can supply safe, reliable and technically advanced equipment to a global audience, and through orders like this we can continue to build our position in overseas markets."

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 / Charlie Neish
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.

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