Business
Receipt of deferred consideration
Receipt of deferred consideration.
About this update from Tekmar Group Plc
[{"type":"text","content":"\n\nTekmar Group plc\n(\"Tekmar\", the \"Company\" or the \"Group\")\nReceipt of deferred consideration\nTekmar Group plc (AIM: TGP), the leading provider of technology and services for the global offshore energy markets, is pleased to announce it has received the final deferred consideration payment of £0.5m relating to the Subsea Innovation Limited divestment to Unique Group for £1.9m in May 2024.\nEnquiries:\n\n\n\n\nTekmar Group Plc Richard Turner, CEO\nLeanne Wilkinson, CFO\n\n\nc/o +44 (0)20 4582 3500\n\n\n\n\nCavendish Capital Markets Limited (Nomad and Broker) Peter Lynch\nNeil McDonald\nPearl Kellie\n\n\n\n+44 (0)131 220 9772\n+44 (0)131 220 9771\n+44 (0)131 220 9775\n\n\n\n\nGracechurch Group (Financial Media & Investor Relations)\nMurdo Montgomery\nHeather Armstrong\n\n\n+44 (0)20 4582 3500\n\n\n\n\nAbout Tekmar Group plc\nTekmar Group plc collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world's energy transition.\nThrough our Offshore Energy and Marine Civils Divisions we provide a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure. With near 40 years of experience, we optimise and de-risk projects, solve customer's engineering challenges, improve safety and lower project costs. Our capabilities include geotechnical design and analysis, simulation and engineering analysis, bespoke equipment design and build, subsea protection technology and subsea stability technology. \nWe have a clear strategy focused on strengthening Tekmar's value proposition as an engineering solutions-led business which offers integrated and differentiated technology, services and products to our global customer base.\nHeadquartered in Newton Aycliffe, UK, Tekmar Group has an extensive global reach with offices, manufacturing facilities, strategic supply partnerships and representation in 18 locations across Europe, Africa, the Middle East, Asia Pacific and North America.\nFor more information visit: www.tekmargroup.com\nSubscribe to further news from Tekmar Group at Group News.\n \n\n","length":4254,"tagName":"div"}]