Tekmar Group (TGP)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

5.10p
   
  • Change Today:
    -0.15p
  • 52 Week High: 9.75p
  • 52 Week Low: 4.75p
  • Currency: UK Pounds
  • Shares Issued: 138.72m
  • Volume: 337,577
  • Market Cap: £7.07m
  • 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 5.10p
Change Today -0.15p
% Change -2.86 %
52 Week High 9.75p
52 Week Low 4.75p
Volume 337,577
Shares Issued 138.72m
Market Cap £7.07m
RiskGrade 392

Tekmar Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.67% above the market average55.67% above the market average55.67% above the market average55.67% above the market average55.67% 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
Price Trend
74.43% below the market average74.43% below the market average74.43% below the market average74.43% below the market average74.43% below the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average
Income Not Available
Growth
1.57% above the market average1.57% above the market average1.57% above the market average1.57% above the market average1.57% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average

Tekmar Group Dividends

No dividends found

Trades for 02-Apr-2025

Time Volume / Share Price
16:37 150,000 @ 5.00p
15:52 19,490 @ 5.10p
14:15 1,500 @ 4.88p
12:40 9,163 @ 5.10p
12:18 55,000 @ 5.25p

Tekmar Group Key Personnel

CEO Richard Turner

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