Last checked at 6 Jan 2017 09:25
6 January 2017
Pressure Technologies plc
("Pressure Technologies" or the "Group")
Notice of AGM
The Group's Annual General Meeting will take place on Tuesday 14 February 2017 at 11.00am at Chesterfield Special Cylinders, Meadowhall Road, Sheffield, South Yorkshire, S9 1BT. A copy of the Notice of the Meeting is now available on the website together with the Annual Report http://www.pressuretechnologies.com/investor-relations/company-reports-and-documents. Hard copies will be posted to shareholders who have elected to receive hard copies, at the end of next week.
For further information, please contact:
Pressure Technologies plc Keeley Clarke, Investor Relations
| Tel: 0114 257 3622 www.pressuretechnologies.com |
Cantor Fitzgerald Europe (Nominated Adviser and Broker) | Tel: 020 7894 7000 |
Philip Davies / Will Goode |
COMPANY DESCRIPTION
Company description - www.pressuretechnologies.com
With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-pressure systems serving the global energy, defence and industrial gases markets. Today it continues to serve those markets from a broader engineering base with specialist precision engineering businesses and has a worldwide presence in Alternative Energy as a global leader in biogas upgrading. On this foundation, the company is building a highly profitable group of companies through a combination of organic initiatives and acquisitions.
Pressure Technologies has four divisions, Precision Machined Components, Engineered Products, Cylinders and Alternative Energy, serving four markets: oil and gas, defence, industrial gases and alternative energy.
Precision Machined Components
· Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk
· Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk
· Quadscot, Glasgow, acquired in October 2014 www.quadscot.co.uk
· Martract Limited, Barton-on-Humber, acquired in December 2016 www.martract.co.uk
Engineered Products
· Hydratron, Manchester, acquired in 2010 www.hydratron.com
Cylinders
· Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 www.chesterfieldcylinders.com
· Kelley GTM Manufacturing, Amarillo, USA - 40% stake acquired by the Group in December 2013 www.kelleygtm.com
Alternative Energy
· Chesterfield BioGas, Sheffield, founded in 2008. Renamed Greenlane Biogas UK on 5 June 2015
· Greenlane, Vancouver, Canada and Auckland, New Zealand, acquired in October 2014 www.greenlanebiogas.com