Business
Geotek coring contract
Geotek coring contract.
About this update from Judges Scientific Plc
[{"type":"text","content":"\n\n\n\n\n\nPress Release\n\n\n29 August 2024\n\n\n\n\n \nJudges Scientific plc\n \n(\"Judges Scientific\" or the \"Company\")\n \nGeotek coring contract\n \nJudges Scientific, the group focused on acquiring and developing companies in the scientific instrument sector, announces that Geotek, its subsidiary, has signed a binding contract for its next coring expedition. \n \nAs explained previously, the expedition is planned to take place early in 2025 and no revenue for this contract will be recognised in 2024. The revenue arising from this contract is of a similar magnitude to other recent coring contracts.\n \nFor further information please contact: \n \n\n\n\n\nJudges Scientific plc\nDavid Cicurel, CEO\nBrad Ormsby, CFO\nTel: +44 (0) 20 3829 6970\n \n \n\n\nShore Capital (Nominated Adviser & Joint Broker)\nStephane Auton\nHarry Davies-Ball\nTel: +44 (0) 20 7408 4090\n \n\n\n\n\n\n\n\nPanmure Liberum (Joint Broker)\nEdward Mansfield\nNikhil Varghese\nTel : +44 (0) 20 3100 2222\n \n \n\n\nInvestec Bank plc (Joint Broker)\nVirginia Bull\nCarlton Nelson\nTel: +44 (0) 20 7597 4000\n\n\n\n\n\n\n\nAlma (Financial Public Relations)\nSam Modlin\nJoe Pederzolli\nRebecca Sanders-Hewett\nSarah Peters\nTel: +44 (0) 20 3405 0205\[email protected]\n\n\n\n\n\n\n\n\n\n\n \nNotes to editors:\nJudges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group consists of 25 businesses acquired since 2005.\nThe acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen's Awards for innovation and export.\nThe Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.\nJudges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash. Shareholder returns are created through the reduction of debt, organic growth and dividends.\nFor further information, please ...