Pressure Technologies PLC Update on Health & Safety Executive Investigation (5252P)
08 Febrero 2019 - 05:40AM
UK Regulatory
TIDMPRES
RNS Number : 5252P
Pressure Technologies PLC
08 February 2019
8 February 2019
Pressure Technologies plc
("Pressure Technologies" or the "Company")
Update on Health & Safety Executive Investigation
Pressure Technologies (AIM: PRES), the specialist engineering
group, today provides an update on the Health & Safety
Executive ("HSE") investigation following the fatal accident at
Chesterfield Special Cylinders ("CSC") in June 2015.
Following the conclusion of their investigation, the HSE has now
advised the Company that it intends to prosecute CSC in relation to
the accident and that a preliminary court hearing has been set for
6 March 2019. 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.
The Company continues to take legal advice on this matter and
will provide further updates.
For further information, please contact:
Pressure Technologies plc Tel: 0114 257 3616
Chris Walters, Chief Executive www.pressuretechnologies.com
Joanna Allen, Chief Financial Officer
Cantor Fitzgerald Europe (Nominated Adviser Tel: 020 7894 7000
and Broker)
Philip Davies / Will Goode
Belvedere Communications Tel: 07967 816 525
Keeley Clarke (kclarke@belvederepr.com) Tel: 07715 769 078
Cat Valentine (cvalentine@belvederepr.com)
Company description - www.pressuretechnologies.com
With its head office in Sheffield, Pressure Technologies was
founded on its leading market position as a designer and
manufacturer of high-pressure components and systems serving the
global energy, defence and industrial gases markets.
Precision Machined Components - www.pt-pmc.com
-- Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk
-- Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk
-- Quadscot, Glasgow, acquired in October 2014 www.quadscot.co.uk
-- Martract Limited, Barton-on-Humber, acquired in December 2016 www.martract.co.uk
Cylinders
-- Chesterfield Special Cylinders, Sheffield, IPO cornerstone in
2007 and includes, CSC Deutschland Gmbh, which is based in Dorsten,
Germany and Chesterfield Special Cylinders Inc. which is based in
Houston, USA www.chesterfieldcylinders.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCEAFAPEDPNEFF
(END) Dow Jones Newswires
February 08, 2019 06:40 ET (11:40 GMT)
Pressure Technologies (LSE:PRES)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Pressure Technologies (LSE:PRES)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024