Pressure Technologies (PRES)

Sector:

Engineering

Index:

FTSE AIM All-Share

 37.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 44.50p
  • 52 Week Low: 24.00p
  • Currency: UK Pounds
  • Shares Issued: 38.67m
  • Volume: 27,945
  • Market Cap: £14.50m
  • RiskGrade: 319

Pressure Technologies says HSE will prosecute subsidiary over fatality

By Michele Maatouk

Date: Friday 08 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Pressure Technologies said on Friday that the Health & Safety Executive plans to prosecute its subsidiary, Chesterfield Special Cylinders (CSC), in relation to a fatal accident that took place there in June 2015.
The HSE has set a preliminary court hearing for 6 March.

The AIM-listed specialist engineering group said: "It is not possible to determine what the outcome of this court hearing will be and, given the nature of the sentencing guidelines, nor is it possible to determine with any certainty what, if any, financial penalties might be levied on CSC."

Pressure Technologies said it continues to take legal advice on the matter and will provide further updates.

At 1300 GMT, the shares were down 6.4% to 88p.

Email this article to a friend

or share it with one of these popular networks:


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.

 

PRES Market Data

Currency UK Pounds
Share Price 37.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 44.50p
52 Week Low 24.00p
Volume 27,945
Shares Issued 38.67m
Market Cap £14.50m
RiskGrade 319

PRES Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.49% below the market average71.49% below the market average71.49% below the market average71.49% below the market average71.49% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Price Trend
14.8% below the market average14.8% below the market average14.8% below the market average14.8% below the market average14.8% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Income Not Available
Growth
8.84% above the market average8.84% above the market average8.84% above the market average8.84% above the market average8.84% above the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PRES Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 18-Feb-16
Paid n/a 18-Mar-16
Amount 0.000p 5.60p

Trades for 16-May-2024

Time Volume / Share Price
12:29 25,000 @ 36.65p
10:00 2,945 @ 37.39p

PRES Key Personnel

CEO Chris Walters
CFO Stephen Hammell

Top of Page