Tekmar Group (TGP)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

9.83p
   
  • Change Today:
      0.58p
  • 52 Week High: 15.75
  • 52 Week Low: 8.80
  • Currency: UK Pounds
  • Shares Issued: 136.07m
  • Volume: 5,294
  • Market Cap: £13.38m
  • 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 9.83p
Change Today 0.58p
% Change 6.31 %
52 Week High 15.75
52 Week Low 8.80
Volume 5,294
Shares Issued 136.07m
Market Cap £13.38m
RiskGrade 392

Tekmar Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.91% above the market average51.91% above the market average51.91% above the market average51.91% above the market average51.91% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Price Trend
49.08% below the market average49.08% below the market average49.08% below the market average49.08% below the market average49.08% below the market average
63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average63.64% above the sector average
Income Not Available
Growth
58.49% above the market average58.49% above the market average58.49% above the market average58.49% above the market average58.49% 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

Tekmar Group Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
08:24 2,500 @ 9.55p
08:00 2,794 @ 9.50p

Tekmar Group Key Personnel

CEO Alasdair MacDonald

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