TPG Tp Group Plc

TIDMTPG

TP Group PLC

09 January 2020

RNS Reach

9 January 2020

TP Group plc

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

Submarine Carbon Dioxide System Contract

TP Group (AIM: TPG), the providers of mission-critical solutions for a more secure world, announces that it has been awarded a contract valued at c.GBP1.0 million from an existing long-term customer based in South East Asia for the supply of a submarine carbon dioxide removal system.

The work will be undertaken at the TP Group facility in Portsmouth for delivery at the end of 2020. This contact is part of a broader replacement programme.

Phil Cartmell, Chief Executive Officer of TPG commented:

"We are delighted once again to have secured this contract with a long-term customer in the maritime sector. It also demonstrates our growing reputation as a trusted supplier in a global 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 Securities plc                    Tel: 020 7397 8980 
 Stephen Keys / Callum Davidson / 
  Mark Connelly 
 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.

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January 09, 2020 02:00 ET (07:00 GMT)

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