TP ICAP Group PLC

Regulatory Filings • Jul 24, 2017

National Storage Mechanism | Additional information

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RNS Number : 8511L

TP Group PLC

24 July 2017

24 July 2017

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.

TP Group plc

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

£1.9m Export Defence Contract Award

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce that it has been awarded a £1.9 million contract from a new customer, a shipbuilding prime contractor in South East Asia.

This new contract, which is expected to be delivered over a two year period, will see TP Group provide submarine life-support systems which will be built by TPG Maritime at its manufacturing and engineering centre in Portsmouth. 

Phil Cartmell, Chief Executive Officer of TPG commented:

"We are very pleased to be working with this new South East Asian based tier-1 customer. The contract builds on TPG's longstanding successes in the region, as announced in prior years, and further strengthens our presence in this strategically important 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	Tel: 020 7397 8980
Mark Connelly / Callum Davidson
www.cenkos.com
Vigo Communications	Tel: 020 7830 9700
Jeremy Garcia / Fiona Henson / Natalie Jones
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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