TPG.L Regulatory News (TPG)

15 September 2020

TP Group plc

("TP Group", "the "Company" or the "Group")

Atmosphere management equipment orders

TP Group (AIM: TPG), the providers of mission-critical solutions for a more secure world, is pleased to announce the receipt of new orders totalling c. £4.0 million from the Ministry of Defence ("MoD") to supply them with oxygen generation and carbon dioxide removal devices.

These orders form part of the £22 million framework contract previously entered into between TP Group and the MoD to manage equipment availability and provide spares for air purification systems, as announced by the Company on 3 April 2017.

These devices will be supplied to the Royal Navy during the fourth quarter of 2020 and into 2021.

Phil Cartmell, Chief Executive Officer of TP Group, commented:

"We are very pleased to receive these orders from our long-term customer at the Ministry of Defence. We have worked closely with all our customers through the recent COVID-19 outbreak to support their critical programmes and it is pleasing to see this result in orders such as this."

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Notes to Editors

TP Group delivers complex equipment, software and services for mission, business and safety critical applications in defence, space, intelligence & security and energy sectors. With more than 400 people in 6 European countries, it serves global customers through long-term contracts. The Group's shares have been traded on AIM since July 2001.