Hightex Group PLC Contract Win (1958T)
11 December 2012 - 6:00PM
UK Regulatory
TIDMHTIG
RNS Number : 1958T
Hightex Group PLC
11 December 2012
Press Release 11 December 2012
Hightex Group plc
("Hightex" or "the Group")
Contract Win
Arena das Dunas Stadium in Natal, Rio Grande do Norte,
Brazil
Hightex Group plc, a leading systems engineering company, which
designs, fabricates and installs large area, cable supported,
lightweight membrane roofs and façades worldwide, is delighted to
announce that the Group and its Brazilian construction partner SEPA
have been selected to engineer and install the inner liner membrane
structure of the roof of the Arena das Dunas in Natal, one of the
venues for the 2014 FIFA World Cup.
This is the third contract won by the Hightex and SEPA
partnership for a stadium to be used in the 2014 FIFA World Cup in
Brazil. It follows winning contracts for the Maracana Stadium in
Rio de Janeiro and for the Beira-Rio Stadium in Porto Alegre. The
Arena das Dunas is a new stadium and will accommodate 45,000
spectators.
The engineering work will start immediately and the construction
is due to be completed by the end of 2013.
The Natal membrane structure increases Hightex's contracted
revenues for 2013, from contracts secured to date, to approximately
EUR 16.4 million. Hightex continues to pursue vigorously further
projects in Brazil related to the 2014 World Cup and the 2016
Olympic Games, in addition to a number of other projects in Europe,
the Middle East and South East Asia.
Frank Molter, Chief Executive Officer, commented: "We are
delighted to have won this contract. With our existing work on the
Maracana and the Beira-Rio Stadium projects, it is a further
acknowledgement of our significant expertise and experience.
We look forward building on these recent successes and
exploiting Hightex's core technical skills, its high quality German
engineering know-how and significant track record both in Brazil
and globally."
Hightex Group plc
Charles DesForges, Executive Chairman Tel: +44 (0) 20 7603 1515
Frank Molter, Chief Executive Officer www.hightexworld.com
FinnCap
Geoff Nash, Henrik Persson - Corporate Tel: +44 (0) 20 7600 1658
Finance
Simon Starr - broking www.finncap.com
Media enquiries
Hudson Sandler
Charlie Jack Tel: +44 (0) 20 7796 4133
Charlie Barker www.hudsonsandler.com
This information is provided by RNS
The company news service from the London Stock Exchange
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