26 Oct 2021 13:15
TP Group plc
("TPG" or "the Company")
Response re. Science Group Announcement
Further to the announcement made by Science Group plc ("SG") on 26 October 2021, the Company confirms that it yesterday received a letter from SG, a substantial shareholder in TPG, requisitioning a general meeting, seeking to implement changes to the Company's board.
The letter seeks for the following ordinary resolutions to be tabled at a general meeting:
· That Mr Philip Holland be removed from office as a director of the Company with immediate effect.
· That any director of the Company appointed between 21 October 2021 and the date of shareholder general meeting be removed as a director with immediate effect.
A further announcement will be made in due course in connection with the notice of the general meeting which, pursuant to the Companies Act, must be called within 21 days following receipt of the letter.
For further information, please contact:
TP Group plc | Tel: 01753 285 810 |
David Lindsay, Chief Executive Officer |
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Derren Stroud, Chief Financial Officer |
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www.tpgroup.uk.com |
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Cenkos Securities plc | Tel: 020 7397 8980 |
Stephen Keys / Mark Connelly / Callum Davidson |
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www.cenkos.com |
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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 Company's shares have been traded on AIM since July 2001.