PRES Pressure Technologies Plc

TIDMPRES

RNS Number : 7093V

Pressure Technologies PLC

05 December 2019

Pressure Technologies plc

("Pressure Technologies", the "Company" or the "Group")

Postponement of Sentencing

On 26 November 2019, Pressure Technologies (AIM: PRES), the specialist engineering group, announced that its subsidiary Chesterfield Special Cylinders ("CSC") had been found guilty of a charge brought by the Health & Safety Executive ("HSE") pursuant to Section 2 of the Health and Safety at Work Act 1974 following the fatal accident in June 2015.

Due to a change in judicial availability, the sentencing hearing previously listed for 9 December 2019 has been postponed until the new year.

The Group will provide further updates when more information is available.

For further information, please contact:

 
 Pressure Technologies plc 
 Chris Walters, Chief Executive          Tel: 0114 257 3616 
 Joanna Allen, Chief Financial Officer   pressuretech@investor-focus.co.uk 
 
   N+1 Singer (Nomad and Broker)           Tel: 0207 496 3000 
 Mark Taylor / Lauren Kettle 
 IFC Advisory Ltd (Financial PR          Tel: 0203 934 6630 
  and IR) 
 Graham Herring / Tim Metcalfe / 
  Zach Cohen 
 

COMPANY DESCRIPTION

Company description - www.pressuretechnologies.com

With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets.

The Group has two divisions, Precision Machined Components and Chesterfield Special Cylinders.

Precision Machined Components (PMC) - www.pt-pmc.com

-- Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot and Martract brands.

Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com

-- Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland Gmbh, which is based in Dorsten, Germany.

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December 05, 2019 02:00 ET (07:00 GMT)

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