Change of Registered Office

RNS Number : 1783Y

Pressure Technologies PLC

27 November 2014

 

                                27 November 2014

PRESSURE TECHNOLOGIES PLC

Change of Registered Office

Pressure Technologies plc (AIM: PRES), is pleased to announce that it has changed its registered office to Newton Business Centre, Newton Chambers Road, Chapeltown, Sheffield, South Yorkshire, S35 2PH with immediate effect.

For further information, please contact:

Pressure Technologies plc John Hayward, Chief Executive James Lister, Group Finance Director	Tel: [phone] www.pressuretechnologies.com
Tavistock Communications Catriona Valentine / Keeley Clarke / Emma Blinkhorn	Tel: [phone]
Charles Stanley Securities (Nomad and broker) Philip Davies / Carl Holmes	Tel: [phone]

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 three divisions, Cylinders, Engineered Products and Alternative Energy,serving four markets: oil and gas, defence, industrial gases and alternative energy.

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 with an option to acquire a further 40% in 2015 www.kelleygtm.com

Engineered Products

·   Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk

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

·   Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk

·   Quadscot, acquired in October 2014 www.quadscot.co.uk

Alternative Energy

·   Chesterfield BioGas, Sheffield, founded in 2008 www.chesterfieldbiogas.co.uk

·   Greenlane, acquired in October 2014 www.greenlanebiogas.com

 

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