Vp PLC : Tender Offer

Press Release

10 February 2012

Vp plc

("Vp" or "the Group")

Proposed purchase of 1 in every 14 Ordinary Shares of 5 pence each
in Vp ("Ordinary Shares") at 254 pence per share
by way of a tender offer (the "Tender Offer")

The Board of Vp announces its intention to purchase up to 1 in every 14 Ordinary Shares by way of a Tender Offer at 254 pence per Ordinary Share.

Today Vp has posted a circular to shareholders in relation to the Tender Offer on the terms set out above.  If the maximum number of 3,088,786 Ordinary Shares is acquired under the Tender Offer, this will result in approximately £7.8 million being paid by Vp to participating shareholders.

The Tender Offer is open to all eligible shareholders on Vp's register at 5pm on 23 March 2012, who may participate by tendering all or a proportion of their holdings of Ordinary Shares at the above price.  No Ordinary Shares will be purchased pursuant to the Tender Offer unless the Special Resolution to be proposed at a General Meeting of Vp to be held on 9 March 2012 is passed.  The Tender Offer will be void if less than 1% of the issued ordinary share capital of Vp (excluding treasury shares) in aggregate is tendered.

Copies of the Tender Offer circular and the related Tender Form have been submitted to the UK Listing Authority's National Storage Mechanism and will be available shortly at www.hemscott.com/nsm.do .

The Tender Offer circular and Tender Form will be available shortly on the Vp website in the Investor section at www.vpplc.com .  Copies may also be obtained from the Vp's Company Secretary.

For further information please contact:

Vp plc
Jeremy Pilkington, Chairman	Tel: [phone]
[e-mail]
Neil Stothard, Group Managing Director	Tel: [phone]
[e-mail]
Allison Bainbridge, Group Finance Director	Tel: [phone]
[e-mail]

Media enquiries:

Abchurch Communications
Henry Harrison - Topham / Jamie Hooper	Tel: [phone]
[e-mail]	www.abchurch-group.com

Notes to editors:

Vp plc is a specialist rental business providing products and services to a diverse range of markets including civil engineering, rail, oil and gas exploration, construction, outdoor events and industry, primarily within the UK, but also overseas.

The Group is focused on six businesses:

Airpac Bukom Oilfield Services
Equipment and service providers to the international oil and gas exploration and development markets.

Groundforce
Excavation support systems and specialist products for the water, civil engineering and construction industries primarily in the UK, but also in the Republic of Ireland and mainland Europe.

Hire Station
Tools and specialist products for industry, construction and home owners.

Torrent Trackside
Infrastructure equipment and services for the railway renewals and maintenance industry.

TPA
Portable roadway access solutions to the transmission, outdoor events, construction and utility sectors in the UK, the Republic of Ireland and mainland Europe.  

UK Forks
Rough terrain material handling equipment for the housebuilding, general construction and industrial markets.

Further information available at www.vpplc.com

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information contained therein.

Source: Vp PLC via Thomson Reuters ONE

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