TP Group PLC Change of FTSE sector classification
13 December 2018 - 6:01PM
RNS Non-Regulatory
TIDMTPG
TP Group PLC
13 December 2018
13 December 2018
TP Group plc
("TP Group" or the "Company" or the "Group")
Change of FTSE sector classification to Aerospace &
Defence
TP Group (AIM: TPG), the specialist services and engineering
group, is pleased to announce that its FTSE sector
re-classification from Industrial Engineering (2750) to Aerospace
& Defence (2710) has been approved and will become effective
from 24 December 2018.
Phil Cartmell, TP Group's Chief Executive, commented:
"I welcome the re-classification of TP Group's sector on the
London Stock Exchange to Aerospace & Defence, which is more
closely aligned with the Group's operational footprint.
"With the majority of our strategic focus, revenue base and
profits now derived from clients across the Defence, Intelligence
& Communications and Space sectors, this reclassification now
fully reflects our business moving forward."
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 Securities plc Tel: 020 7397 8980
Mark Connelly / Callum Davidson
www.cenkos.com
Vigo Communications Tel: 020 7390 0230
Jeremy Garcia / Fiona Henson
/ Charlie Neish
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.
END
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