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Spread: 7.00 (10.769%)
Market Cap: £9.05m
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Contract win

6 Nov 2008 07:00

RNS Number : 5376H
LPA Group PLC
06 November 2008
 



LPA Group PLC 

Contract win from First Great Western 

LPA Group PLC ("LPA" or "the Group") is pleased to announce that LPA Niphan Systems has been awarded a £0.62m contract to upgrade the inter-car electrical interface (Jumpers) on 541 High Speed Train ("HST") power cars and passenger carriages operated by First Great Western, the Train Operating Company owned by FirstGroup plc. 

The vehicles to be upgraded under this contract award comprise 117 HST power cars and 424 HST carriagesDelivery will commence at the end of 2008 and continue in to the first quarter of 2009.

Peter PollockLPA Chief Executive, comments:

"This is great news for the Group and will give us a good boost at the start of the 2009 financial year. It is the latest in a series of contract awards we expect to receive and follows the contract from SNCF in France, announced on 28 October 2008

"I am also delighted to announce that the technology of another of our subsidiary companies, Excil Electronicshas been recognised by an award for innovation in LED Lighting at this week's Railway Interiors Show in Amsterdam."

 

November 2008

ENQUIRIES:

LPA Group PLC
Tel: 01799 512800
Peter Pollock, Chief Executive
 
Steve Brett, Finance Director
 
 
 
Blomfield Corporate Finance Limited
Tel: 020 7489 4500
Alan MacKenzie
 
Peter Trevelyan-Clark
 
Ben Jeynes
 
 
 
Religare Hichens, Harrison plc
Tel: 020 7382 7781
Daniel Briggs
 
Alan Rooke
 
 
 
College Hill
Tel: 020 7457 2020
Gareth David 
 

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