Tekmar Group (TGP)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

9.25p
   
  • Change Today:
    -0.25p
  • 52 Week High: 14.25
  • 52 Week Low: 4.25
  • Currency: UK Pounds
  • Shares Issued: 139.55m
  • Volume: 71,974
  • Market Cap: £12.91m
  • RiskGrade: 392

Tekmar wins CPS supply contract with Global Offshore for Arcadis Ost 1

By Iain Gilbert

Date: Wednesday 24 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Technology and services provider Tekmar said on Wednesday that it has won a contract with Global Offshore to supply cable protection systems for its Arcadis Ost 1 offshore wind farm in Germany.
Under the supply contract, Tekmar will design, manufacture, and supply its latest generation of TekTube cable protection systems to protect the wind farm array cables as they transition from the seabed into the wind turbine foundation at 27 separate locations.

The AIM-listed firm stated the cable protection systems will be manufactured at its facility in the northeast of England before being delivered to Global Offshore in 2022.

Managing director Marc Bell said: "We are delighted that Global Offshore has selected Tekmar Energy's Generation 10 CPS technology to protect Arcadis Ost 1.

"This project award demonstrates the industry's continued confidence in our subsea protection solutions. We look forward to working with Global Offshore to ensure cost-effective and timely project delivery".

As of 1030 GMT, Tekmar shares were up 5.69% at 53.90p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tekmar Group Market Data

Currency UK Pounds
Share Price 9.25p
Change Today -0.25p
% Change -2.63 %
52 Week High 14.25
52 Week Low 4.25
Volume 71,974
Shares Issued 139.55m
Market Cap £12.91m
RiskGrade 392

Tekmar Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.89% above the market average62.89% above the market average62.89% above the market average62.89% above the market average62.89% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
74.12% below the market average74.12% below the market average74.12% below the market average74.12% below the market average74.12% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Income Not Available
Growth
7.77% above the market average7.77% above the market average7.77% above the market average7.77% above the market average7.77% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tekmar Group Dividends

No dividends found

Trades for 05-Mar-2026

Time Volume / Share Price
14:12 33,588 @ 9.18p
12:56 21,799 @ 9.18p
11:05 4,444 @ 9.18p
08:24 1,558 @ 9.00p
08:24 1,258 @ 9.00p

Tekmar Group Key Personnel

CEO Richard Turner
CFO Philip Lanigan

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