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RNS Number : 3096K
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.


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