Result of AGM

RNS Number : 3609P
Pressure Technologies PLC
17 February 2016
 

 

17 February 2016

 

Pressure Technologies plc

("Pressure Technologies" or the "Group")

 

Result of AGM

 

At the Annual General Meeting of Pressure Technologies (AIM: PRES), held today at 11.00 hours, all the resolutions proposed were duly passed.

 

The presentation given by John Hayward, Chief Executive and Alan Wilson, Chairman of Pressure Technologies, at the AGM is available on the Company's website: www.pressuretechnologies.com 

 

 

For further information, please contact:

 

Pressure Technologies plc

John Hayward, Chief Executive

Jo Allen, Group Finance Director

Keeley Clarke, Investor Relations

 

Tel: 0114 257 3622

www.pressuretechnologies.com

 

Tavistock

Simon Hudson

 

Tel: 020 7920 3150

 

Cantor Fitzgerald Europe (Nominated Adviser and Broker)

Philip Davies / Will Goode

 

Tel: 020 7894 8337

 

COMPANY DESCRIPTION

 

Company description - www.pressuretechnologies.com

 

With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high pressure systems serving the global energy, defence and industrial gases markets. Today it continues to serve those markets from a broader engineering base with specialist precision engineering businesses and has a worldwide presence in Alternative Energy as the global leader in biogas upgrading. On this foundation, the company is building a highly profitable group of companies 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, Glasgow, 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.com

 

Alternative Energy

·      Chesterfield BioGas, Sheffield, founded in 2008. Renamed Greenlane Biogas UK on 5 June 2015.

·      Greenlane, Vancouver, Canada and Auckland, New Zealand, 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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