TP Group PLC (AIM:TPG) £1.9m Export Defence Contract Award

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce that it has been awarded a £1.9 million contract from a new customer, a shipbuilding prime contractor in South East Asia.

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

TP Group (AIM: TPG), the specialist services and engineering group, is pleased to announce that it has been awarded a £1.9 million contract from a new customer, a shipbuilding prime contractor in South East Asia.

This new contract, which is expected to be delivered over a two year period, will see TP Group provide submarine life-support systems which will be built by TPG Maritime at its manufacturing and engineering centre in Portsmouth. 

Phil Cartmell, Chief Executive Officer of TPG commented:

“We are very pleased to be working with this new South East Asian based tier-1 customer. The contract builds on TPG’s longstanding successes in the region, as announced in prior years, and further strengthens our presence in this strategically important market.”

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.

A2/1064, Cody Technology Park,
Farnborough GU14 0LX
United Kingdom

Tel: +44 (0)1753 285810

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