Project Awards

RNS Number : 6114L
LPA Group PLC
14 January 2021
 

LPA GROUP PLC

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

 

Project Awards

 

LPA Group Plc, the high reliability LED lighting and electro-mechanical system manufacturer, is pleased to announce two contract awards for the UK rail market.

The contracts, awarded independently to LPA Connection Systems and LPA Lighting Systems, have a combined value of £1.9m and are for the supply of interior lighting and intercar power connection systems, totalling 135 cars for the Hitachi AT300 new build trains to be operated by the West Coast Partnership, on the UK's West Coast Mainline.  Deliveries are due to commence by quarter 2 2021, with a nine-month delivery span anticipated.

The awards are in line with the Company's management expectations.

Paul Curtis - CEO commented:

" The awards are for a further extension of the InterCity Express Program (IEP) which LPA as a group has successfully supplied Hitachi and its customers over the past five years.  These trainsets continue to modernise the UK rail network, incorporating both LPA's innovative lighting and intercar power connection solutions, and shows the continued confidence our customers have in our products."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The Directors of the Company take responsibility for this announcement. 

Enquires:

www.lpa-group.com

 

Tel:

 

 

 

 

 

LPA Group Plc

 

 

 

Peter Pollock

Chairman

 

01799 512844

Paul Curtis

CEO

 

01799 512858

Chris Buckenham

CFO

 

01799 512859

 

 

 

 

Cairn Financial Advisers

(Nominated Adviser)

 

020 7213 0880

James Caithie / Liam Murray

Ludovico Lazzaretti

 

 

 



finnCap

(Broker)

 

020 7220 0500

Ed Frisby / Teddy Whiley (Corporate Finance)

Tim Redfern / Tim Harper (ECM & Sales)

 

 

 

 

Caution regarding forward looking statements

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LPA Group (LPA)
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