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Change of Adviser

15 Jun 2015 07:00

RNS Number : 1047Q
Pressure Technologies PLC
15 June 2015

15 June 2015

Pressure Technologies plc

("Pressure Technologies" or "the Company")

Appointment of Cantor Fitzgerald Europe as

Nominated Adviser & Broker

The Board of Pressure Technologies plc is pleased to announce the appointment of Cantor Fitzgerald Europe as its Nominated Adviser and Broker with immediate effect.

For more information please contact:

Pressure Technologies plc

0114 257 3616

Alan Wilson, Chairman

John Hayward, Chief Executive

James Lister, Finance Director

www.pressuretechnologies.com

Cantor Fitzgerald Europe (Nominated Adviser & Broker)

020 7894 7000

Rick Thompson / Michael Reynolds / Will Goode

Tavistock (Financial PR Advisers)

020 7920 3150

Keeley Clarke / Simon Hudson

COMPANY DESCRIPTION

Company description - www.pressuretechnologies.com

With its head office in Sheffield and its origins going back to 1897, Pressure Technologies is a growing, profitable, dividend paying, AIM listed, leading designer and manufacturer of speciality engineering solutions for high-pressure systems serving large global markets. The company is building a highly profitable group of companies, specialising in technology for the containment and control of liquids and gases in pressure systems through a combination of organic initiatives and acquisitions.

Pressure Technologies has four divisions, Precision Machined Components, Cylinders, Engineered Products 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, acquired in October 2014 www.quadscot.co.uk

Cylinders

Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 www.chesterfieldcylinders.com

Kelley GTM Manufacturing, Amarillo - 40% stake acquired by the Group in December 2013 www.kelleygtm.com

Engineered Products

Hydratron, Manchester and Houston, acquired in 2010 www.hydratron.co.uk

Alternative Energy

Chesterfield BioGas, Sheffield, renamed Greenlane Biogas UK on 5 June 2015, founded in 2008 www.chesterfieldbiogas.co.uk

Greenlane, acquired in October 2014 www.greenlanebiogas.com

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