TPG Tp Group Plc

TIDMTPG

RNS Number : 3165S

TP Group PLC

25 June 2018

25 June 2018

TP Group plc

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

TP Group secure GBP2m export defence equipment contract

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce it has received an order for GBP2m from Naval Group under the terms of the five-year framework agreement announced 7 June 2018.

This order is to build and supply an advanced gas management system, following announcement of a preliminary contract on 12 December 2017. The work, which will be carried out by the Group's Engineering & Technology business unit, will commence immediately and is expected to be completed in 2019.

Phil Cartmell, Chief Executive of TP Group commented:

"Following the announcement of our strategic framework agreement earlier this month, I am very pleased to have secured this first order and begin the delivery process under this arrangement."

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 7390 0238 
  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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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June 25, 2018 02:00 ET (06:00 GMT)

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