7 May 2026
Tekmar Group plc
("Tekmar", the "Company" or the "Group")
Issue of Equity and Total Voting Rights
Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services, announces that it has issued 179,508 ordinary shares of 1 pence each in the share capital of the Company ("New Ordinary Shares") pursuant to the exercise of options under the Company's 2023 SAYE scheme.
Application has been made for the 179,508 New Ordinary Shares to be admitted to trading on AIM ("Admission"), and dealings are expected to commence on or around 8 May 2026. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.
Following Admission, the Company will have 139,730,895 Ordinary Shares of 1 pence each in issue. The Company has no shares in treasury, therefore the figure of 139,730,895 should be used by shareholders for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
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Tekmar Group plc Phil Lanigan, CFO
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c/o +44 (0)20 4582 3500 |
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Cavendish Capital Markets Limited (Nomad and Broker) Neil McDonald Pearl Kellie
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+44 (0)131 220 9771 +44 (0)131 220 9775 |
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Gracechurch Group (Financial Media & Investor Relations) Murdo Montgomery Alexis Gore |
+44 (0)20 4582 3500 |
About Tekmar Group plc
Tekmar Group plc is a leading provider of asset protection technology and offshore energy services, supporting the global energy transition and marine infrastructure markets.
Operating across two core divisions - Asset Protection Technology and Offshore Energy Services - the Group delivers proprietary, engineering-led solutions that protect, stabilise and extend the life of critical offshore assets, including offshore wind farms, subsea interconnectors, oil and gas infrastructure, and ports and harbours.
With 40 years of experience, Tekmar has delivered asset protection and stabilisation solutions to more than 120 offshore wind projects across 25 countries, supporting over 40GW of installed capacity globally. The Group has deployed over 12,000 cable protection systems, supplied more than 100,000 subsea stabilisation products, and delivered in excess of 300,000 geotechnical and analysis hours, underpinned by a team of specialist engineers across multiple disciplines.
Through continuous innovation and scalable engineering and manufacturing capability, Tekmar supports increasingly complex offshore energy and marine infrastructure developments worldwide.
Headquartered in Newton Aycliffe, UK, Tekmar Group operates internationally with offices, manufacturing facilities, strategic supply partnerships and representation across Europe, Africa, the Middle East, Asia- Pacific and North America.
For more information visit: www.tekmargroup.com