TP ICAP Group PLC — Capital/Financing Update 2016

Sep 28, 2016

National Storage Mechanism | Additional information

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RNS Number : 1100L

TP Group PLC

28 September 2016

28 September 2016

TP Group plc

("TP Group" or the "Company")

Reduction of Capital Effective

TP Group (AIM: TPG), the specialist technology, engineering and managed solutions group, announces that further to its announcements on 19 August 2016 and 8 September 2016, the Reduction of Capital is now effective following approval by the Court today and the registration of the Court Order at Companies House.  The Company has given certain undertakings to the Court in relation to the reserve arising on the Reduction of Capital for the protection of the Company's creditors at the date on which the Reduction of Capital takes effect.

The Company confirms that following the Reduction of Capital, the total number of ordinary shares in issue remains unchanged at 422,464,726, with a new nominal value of 1p each.

Further details of the Reduction of Capital can be found in the circular dated 19 August 2016 (the "Circular"), which is available from the Company's website at http://www.tpgroup.uk.com/.  All capitalised terms in this announcement are as defined in the Circular.

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
Stephen Keys / Mark Connelly
www.cenkos.com
Vigo Communications	Tel: 020 7830 9700
Jeremy Garcia / Fiona Henson
www.vigocomms.com

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 AIM since July 2001.

This information is provided by RNS

The company news service from the London Stock Exchange

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