TIDMTPG

RNS Number : 0229V

TP Group PLC

25 January 2017

25 January 2017

TP Group plc

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

Trading Update and Notice of Annual Results

TP Group (AIM: TPG), the specialist services and engineering group, announces the following trading update.

The Board is pleased to report that, following the trading update issued on 14 December 2016, the Group will report results for the financial year ended 31 December 2016 in line with current market expectations.

The Group closed the year with a cash balance ahead of expectations at GBP9.2m. This is an improvement of GBP2.2m over the cash balance at the end of 2015.

The Board is confident that the Group can continue its progress in 2017 as it pursues a strong pipeline of future business opportunities alongside a growing order book position.

Notice of results

It is expected that the Group's final results for the year ended 31 December 2016 will be published on Tuesday 4 April 2017.

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 
 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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January 25, 2017 02:00 ET (07:00 GMT)

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