21 Aug 2023 07:00
21 August 2023
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Harland & Wolff Group Holdings plc
("Harland & Wolff" or the "Company")
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Islandmagee Judicial Review Update
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Harland & Wolff Group Holdings plcΒ (AIM: HARL), theΒ UKΒ quoted company focused on strategic infrastructure projects and physical asset lifecycle management has been notified that, in relation to the judicial review of the Company's Islandmagee Gas Storage Project, the matter has been listed for judgement on Thursday 31 August 2023.
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A further announcement will be made once the Company has formally received the judgement.
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For further information, please visitΒ Β www.harland-wolff.comΒ Β or contact:
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Harland & Wolff Group Holdings plc John Wood, Chief Executive Officer Arun Raman, Chief Finance Officer Β | +44 (0)20 3900 2122 investor@harland-wolff.com Β media@harland-wolff.com |
Cenkos Securities plc (Nominated Adviser & Broker) Stephen KeysΒ /Β Callum DavidsonΒ /Β Dan HodkinsonΒ (Corporate Finance) Michael JohnsonΒ (Sales) Β | +44 (0)20 7397 8900 |
Liberum Capital Limited (Joint Broker) Nicholas How / Edward Mansfield / Lucas Bamber / Antonia Brown Β | +44 (0)20 3100 2000 |
Radnor Capital Partners (Investor Relations) Neville Harris / Joshua Cryer | +44 (0) 20 3897 1838 |
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About Harland & Wolff
Harland & Wolff is a multisite fabrication company, operating in the maritime and offshore industry through five markets: commercial, cruise and ferry, defence, energy and renewables and six services: technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion.
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ItsΒ BelfastΒ yard is one ofΒ Europe'sΒ largest heavy engineering facilities, with deep water access, two ofΒ Europe'sΒ largest drydocks, ample quayside and vast fabrication halls. As a result of the acquisition of Harland & Wolff (Appledore) inΒ August 2020, the company has been able to capitalise on opportunities at both ends of the ship-repair and shipbuilding markets where there will be significant demand.
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InΒ February 2021, the company acquired the assets of two Scottish-based yards along the east and west coasts. Now known as Harland & Wolff (Methil) and Harland &Β Wolff (Arnish), these facilities will focus on fabrication work within the renewables, energy and defence sectors.
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In addition to Harland & Wolff, it owns the Islandmagee gas storage project, which is expected to provide 25% of theΒ UK'sΒ natural gas storage capacity and to benefit the Northern Irish economy as a whole when completed.
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