New contract awards

RNS Number : 9307U

LPA Group PLC

03 August 2020

 

LPA GROUP PLC

("LPA" or the "Group")

New contract awards

LPA Group Plc, t he high reliability LED lighting and electro-mechanical system manufacturer, is pleased to announce two further contract wins for UK and export rail markets.

Totaling £1.5m, and both supplying LED lighting into the rail sector, these two unrelated awards for LPA Lighting Systems are a UK refreshment project and a European new-build export order for reading and ambient lights with at-seat charging for trains.  Both contracts are due to commence supply in early FY21.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquires:	www.lpa-group.com		Tel:
LPA Group Plc
Peter Pollock	Chairman		07881 626123
Paul Curtis	CEO		01799 512858
Chris Buckenham	CFO		01799 512859
Cairn Financial Advisers	(Nominated Adviser)		020 7213 0880
James Caithie / Tony Rawlinson
finnCap	(Broker)		020 7220 0500
Ed Frisby / Teddy Whiley (Corporate Finance) Tim Redfern / Tim Harper (ECM & Sales)

Caution regarding forward looking statements

Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.

 

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