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63.50    0.00 (0.00%)
Bid:
62.00
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Spread: 3.00 (4.839%)
Market Cap: £8.39m
LPA Live PriceLast checked at - London Stock Exchange

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Re Contract

31 Jan 2012 07:00

RNS Number : 4302W
LPA Group PLC
31 January 2012
 



LPA GROUP PLC

("LPA" or the "Group")

 

New contract and trading update

 

 

New contract

 

Further to its announcement on 24 October 2011, LPA, the LED lighting and electro-mechanical engineering group, is pleased to announce that the letter of intent received from Siemens in October 2011, to supply its LumiMatrix™ lighting for Warsaw Metro, has been confirmed as a £0.6 million order. Deliveries of this first phase of the project are expected to commence during the spring of 2012 and continue through 2013. Warsaw Metro is the first customer to use Siemens' new Inspiro Metro train.

 

LumiMatrix is a modular LED-based light engine that can be configured in rectangular or near circular shapes to fit almost any light fitting or application. It is available using chip or power LEDs in most commonly used voltages and in ac or dc.

 

Trading Update

 

LPA enjoyed stronger than expected trading during the first quarter of its financial year ending 30 September 2012 and the Board is very happy with the progress it is making at this point in the year.

 

Peter Pollock, Chief Executive, commented:

 

"We are delighted to be working with Siemens, one of the leading train builders in the world, and a very significant supplier of trains to the UK. Group prospects in the current financial year remain encouraging."

 

31 January 2012

ENQUIRIES:

 

LPA Group plc

Peter Pollock, Chief Executive

Tel: 07881 626123 or 01799 512844

Steve Brett, Finance Director

Tel: 07881 626127 or 01799 512860

Cairn Financial Advisers LLP (Nominated Adviser)

Tel: 020 7148 7900

Tony Rawlinson / Avi Robinson

XCAP Securities (Broker)

Tel: 020 7101 7070

David Lawman / Adrian Kirk

College Hill (PR Adviser)

Tel: 020 7457 2020

Mark Garraway

Helen Tarbet

 

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