TP ICAP Group PLC

Regulatory Filings • Apr 29, 2019

National Storage Mechanism | Additional information

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RNS Number : 3208X

TP Group PLC

29 April 2019

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

29 April 2019

TP Group plc

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

Defence equipment contract

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce that it has been awarded a contract worth approximately £16.9 million by a leading UK Defence company to provide advanced packaged equipment. The contract pricing remains subject to final verification by the MoD as part of their standard audit cycle.

Under this contract, TP Group will build a primary set of equipment to qualify and verify the system design, and then produce the first operational set. This work will start immediately at TP Group facilities across the UK and is expected to be completed in late 2021.

Phil Cartmell, Chief Executive Officer of TP Group commented:

"We are very pleased to have reached this agreement and to continue our work on strategic defence programmes.

"This broad-scope project will be delivered by our combined Technology & Engineering and Consulting & Programme Services teams using resources at various locations in the UK. This demonstrates the value and breadth of the integrated Group to work in close partnership with our major customers."

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 / Stephen Keys / 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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