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DIRECTOR DEALINGS: TP Group Director Increases Shareholding

Thu, 21st Apr 2016 15:18

LONDON (Alliance News) - TP Group PLC said Simon Kings, a director, bought 471,341 shares at 3.18 pence each on Thursday.

Following the purchase, Kings now holds 871,659 shares, equal to a 0.21% stake.

TP Group on Tuesday said its pretax loss narrowed in 2015 as it focused on boosting margins against a tough market backdrop, particularly amongst energy customers.

TP, which supplies engineering and technology services, said its pretax loss for the year to the end of December was GBP2.2 million, compared to GBP3.9 million a year earlier.

The stock was up 19% at 3.72p Thursday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

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