TP ICAP Group PLC

Legal Proceedings Report • Jan 9, 2020

National Storage Mechanism | Additional information

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RNS Number : 2126Z

TP Group PLC

09 January 2020

RNS Reach

9 January 2020

TP Group plc

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

Submarine Carbon Dioxide System Contract

TP Group (AIM: TPG), the providers of mission-critical solutions for a more secure world, announces that it has been awarded a contract valued at c.£1.0 million from an existing long-term customer based in South East Asia for the supply of a submarine carbon dioxide removal system.

The work will be undertaken at the TP Group facility in Portsmouth for delivery at the end of 2020.  This contact is part of a broader replacement programme.

Phil Cartmell, Chief Executive Officer of TPG commented:

"We are delighted once again to have secured this contract with a long-term customer in the maritime sector. It also demonstrates our growing reputation as a trusted supplier in a global market."

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
Stephen Keys / Callum Davidson / Mark Connelly
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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