7 Jun 2024 15:00
7 June 2024
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Harland & Wolff Group Holdings plc
("Harland & Wolff" or the "Company")
Islandmagee Judicial Update
Harland & Wolff Group Holdings plcΒ (AIM: HARL), theΒ UKΒ quoted company focused on strategic infrastructure projects and physical asset lifecycle management,Β reports that the appeal in relation to the Islandmagee Gas Storage Project has been listed for judgement on Monday 17 June 2024.
The Company will make a further announcement once the judgement has been delivered and analysed in detail by the Company.
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For further information, please visit 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 media@harland-wolff.com |
h2Radnor (Investor Relations) Neville HarrisΒ | +44 (0) 20 3897 1838 |
Cavendish Capital Markets LimitedΒ (Nominated Adviser & Broker) Stephen KeysΒ /Β Callum DavidsonΒ /Β Dan HodkinsonΒ (Corporate Finance) Michael JohnsonΒ (Sales) Β | +44 (0)20 7397 8900 |
Liberum Capital LimitedΒ (Joint Broker) Nicholas HowΒ /Β Edward Mansfield Β | +44 (0)20 3100 2000 |
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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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