Science Group to buy TP Group in £17.5m deal
31st Oct 2022 15:41
(Sharecast News) - Engineering company TP Group surged on Monday after agreeing to be bought by rival Science Group for around £17.5m.
Read moreTP Group sells Northstar software to QinetiQ
1st Apr 2022 16:10
(Sharecast News) - TP Group announced on Friday that it has agreed to sell its Northstar autonomous navigation software to QinetiQ for cash consideration of £0.6m.
Read moreTP Group making 'difficult decisions' over legacy maritime contracts
11th Feb 2022 14:09
(Sharecast News) - Engineering and consulting company TP Group said in an update on Friday that at the end of 2021 its net debt totalled £1.6m, with £5.4m of cash, £7m of bank debt, and the Science Group loan undrawn.
Read moreScience Group ups stake in TP Group following rejected buyout offer
24th Aug 2021 09:25
(Sharecast News) - Services and product development firm Science Group has snapped up another chunk of TP Group after its 5.8p per share acquisition attempt was said to have "significantly" undervalued the company.
Read moreTP Group slumps after rejecting Science Group approach
16th Aug 2021 08:44
(Sharecast News) - TP Group shares slumped on Monday after shareholder Science Group said it had rejected an indicative offer made at a "significant premium" to the share price at the time and called for a management shake-up.
Read moreTP Group receives takeover approach from Science Group
10th Aug 2021 09:34
(Sharecast News) - TP Group shares jumped after Science Group revealed it bought more than 10% of the company with a view to buying the engineering group.
Read moreTP Group completes 'detailed review' of business
26th Jul 2021 15:36
(Sharecast News) - TP Group announced the completion of a "detailed review" of its business on Monday, reporting that it had identified a number of opportunities to "significantly improve" performance.
Read moreTP Group secures new order with UK's Ministry of Defence
10th May 2021 09:28
(Sharecast News) - Engineering services company TP Group said on Monday that it had secured a new order for consulting and digital services from the UK Ministry of Defence worth £1.1m.
Read moreTP Group receives orders worth £4m from Ministry of Defence
15th Sep 2020 14:00
(Sharecast News) - Engineering services company TP Group announced the receipt of new orders totalling around £4m from the Ministry of Defence on Tuesday, to supply it with oxygen generation and carbon dioxide removal devices.
Read moreTP Group secures £1m contract with UK engineering firm
3rd Aug 2020 16:07
(Sharecast News) - TP Group has secured a contract worth about £1m with an unnamed "leading UK engineering company", it announced on Monday, to provide management control equipment for the enhanced safety management of hydrogen gas.
Read moreTP Group subsidiary wins further ESA orders
21st Jul 2020 12:15
(Sharecast News) - TP Group said on Tuesday that its subsidiary Sapienza Consulting has received a further series of work orders under its extended framework contract with the European Space Agency.
Read moreTP Group signs £0.3m development deal with Gulf Data International
23rd Jun 2020 11:52
(Sharecast News) - Technology company TP Group has signed an initial contract worth £0.3m with Gulf Data International (gDi), an Abu Dhabi-based IT solutions provider and systems integrator, it announced on Tuesday.
Read moreTP Group boosted by Sapienza acquisition
27th Jan 2020 09:32
(Sharecast News) - Mission-critical solutions provider TP Group had another year of substantial growth in both revenue and adjusted operating profits in 2019, with a significant strengthening of the group's order book.
Read moreTP Group upbeat on involvement in large new MoD contract
7th Oct 2019 10:29
(Sharecast News) - TP Group has been appointed as a "key part" of the team which has won the Ministry of Defence's 'Skynet Client Side Support' contract, it announced on Monday.
Read moreTP Group expands in space market through Sapienza acquisition
1st May 2019 10:02
(Sharecast News) - Specialist services and engineering company TP Group announced the acquisition of the entire issued share capital of Sapienza Consulting Holding on Wednesday, for an initial cash consideration of €10m and €1.5m by way of the issue of 20,612,865 new ordinary shares.
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