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RNS Number : 6043S
Pressure Technologies PLC
22 December 2016

22 December 2016


Pressure Technologies plc

("Pressure Technologies" or the "Group")


Publication of Annual Report

Pressure Technologies (AIM: PRES) has today published its Annual Report for the year ended 1 October 2016 and it is now available on the Group's website  It will be posted to shareholders who have elected to receive hard copies, in early January 2017.


For further information, please contact:


Pressure Technologies plc

Keeley Clarke, Investor Relations


Tel: 0114 257 3622

Cantor Fitzgerald Europe

(Nominated Adviser and Broker)

Tel: 020 7894 7000

Philip Davies / Will Goode




Company description -


With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-pressure systems serving the global energy, defence and industrial gases markets. Today it continues to serve those markets from a broader engineering base with specialist precision engineering businesses and has a worldwide presence in Alternative Energy as a global leader in biogas upgrading. On this foundation, the company is building a highly profitable group of companies through a combination of organic initiatives and acquisitions.


Pressure Technologies has four divisions, Precision Machined Components, Engineered Products, Cylinders and Alternative Energy, serving four markets: oil and gas, defence, industrial gases and alternative energy.


Precision Machined Components

·     Al-Met, Mid Glamorgan, acquired in 2010

·     Roota Engineering, Rotherham, acquired in March 2014

·     Quadscot, Glasgow, acquired in October 2014

·     Martract Limited, Barton-on-Humber, acquired in December 2016


Engineered Products

·     Hydratron, Manchester, acquired in 2010



·     Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007

·     Kelley GTM Manufacturing, Amarillo, USA - 40% stake acquired by the Group in December 2013


Alternative Energy

·     Chesterfield BioGas, Sheffield, founded in 2008. Renamed Greenlane Biogas UK on 5 June 2015

·     Greenlane, Vancouver, Canada and Auckland, New Zealand, acquired in October 2014 



This information is provided by RNS
The company news service from the London Stock Exchange