Tekmar Group PLCLSE: TGP

Tekmar Group: Framework agreement with NMDC Infra

· Issued by Tekmar Group PLC via RNS

Summary by 6ix AI

Tekmar Group plc, which provides asset protection technology and offshore energy services, signed a non-binding memorandum of understanding (MOU) with NMDC Infra in Abu Dhabi. It sets out how the two companies propose to work together on concrete protection opportunities.

Key details

  • The framework covers opportunities including major projects needing concrete mattresses, concrete sleepers and related protection and infrastructure solutions.
  • The companies say the framework supports both of their strategies to expand their concrete solutions offering, strengthen key customer relationships and grow their presence across the Middle East.
  • The MOU was signed by Richard Turner, Chief Executive Officer of Tekmar, and Haris Giatsos, Chief Executive Officer of NMDC Infra. NMDC Infra is part of NMDC Group.
  • Tekmar says the agreement is in line with its Project Aurora, which included identifying opportunities to broaden its addressable market, such as expanding the range of concrete protection solutions offered for offshore energy projects.

What’s still pending

  • The MOU is non-binding and describes how the companies propose to collaborate; it does not commit either company to specific projects.

6ix AI wrote this summary from the release below and checked it against the release.

Tekmar Group PLC
09 November 2026

9th November 2026

Tekmar Group plc

(“Tekmar”, the "Company" or the "Group")

Tekmar signs strategic framework agreement with NMDC Infra

Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services, is pleased to announce that it has further strengthened its relationship with NMDC Infra, establishing a framework to support both companies’ strategy to expand their concrete solutions offering, strengthen key customer relationships and grow their presence across the Middle East.

The framework outlines how the companies propose to collaborate on concrete protection opportunities, including major projects requiring concrete mattress, concrete sleepers and related protection & infrastructure solutions. The agreement was formally established via the signing of a non-binding Memorandum of Understanding (“MOU”) during ADIPEC in Abu Dhabi by Richard Turner, Chief Executive Officer of Tekmar, and Haris Giatsos, Chief Executive Officer of NMDC Infra.

The agreement is in line Project Aurora, which included identifying opportunities to broaden Tekmar’s addressable market, such as expanding the range of concrete protection solutions available to customers across offshore energy projects.

NMDC Infra is a leader in civil construction, with a focus on marine protection products, delivering complex, high-value, and nationally significant projects with precision. It is part of NMDC Group, an integrated energy and marine services, engineering, procurement, and construction (EPC) organisation, with a footprint spanning the MENA region, South Asia, and beyond.

Richard Turner, Chief Executive Officer of Tekmar, commented:

"Establishing this framework strengthens our relationship with NMDC Infra, providing the basis on which we can collaborate to pursue future opportunities across the region. The Middle East remains a core market for Tekmar, with long-term projects of national and international importance, offering material opportunities for ongoing growth, alongside other established markets. Key to unlocking those opportunities and expanding our presence in the region is the development of long-term and trusted relationships, which this framework helps to support."

Haris Giatsos, Chief Executive Officer of NMDC Infra, commented:

"This MoU builds on our strong relationship with Tekmar and brings together NMDC Infra’s track record in delivering complex marine infrastructure with Tekmar’s engineering expertise in asset protection. We look forward to exploring how, together, we can offer clients in the UAE and across the region a broader range of concrete protection solutions, delivered to the highest standards of quality and reliability.”

Enquires

Tekmar Group plc
Richard Turner, CEO

Phil Lanigan, CFO

c/o +44 (0)20 4582 3500

Cavendish Capital Markets Limited (Nomad and Broker)
Peter Lynch

Neil McDonald

Pearl Kellie

+44 (0)131 220 9772

+44 (0)131 220 9771

+44 (0)131 220 9775

Celicourt Communications

(Financial Media & Investor Relations)

Philip Dennis

Sophie Brand

Kristina Qevani

+44 (0)20 7770 6424

About Tekmar Group plc

Tekmar Group plc is a leading provider of asset protection technology and offshore energy services, supporting the global energy transition and marine infrastructure markets.

Operating across two core divisions — Asset Protection Technology and Offshore Energy Services — the Group delivers proprietary, engineering-led solutions that protect, stabilise and extend the life of critical offshore assets, including offshore wind farms, subsea interconnectors, oil and gas infrastructure, and ports and harbours.

With 40 years of experience, Tekmar has delivered asset protection and stabilisation solutions to more than 120 offshore wind projects across 25 countries, supporting over 50GW of installed capacity globally. The Group has deployed over 12,000 cable protection systems, supplied more than 100,000 subsea stabilisation products, and delivered in excess of 300,000 geotechnical and analysis hours, underpinned by a team of specialist engineers across multiple disciplines.

Through continuous innovation and scalable engineering and manufacturing capability, Tekmar supports increasingly complex offshore energy and marine infrastructure developments worldwide.

Headquartered in Newton Aycliffe, UK, Tekmar Group operates internationally with offices, manufacturing facilities, strategic supply partnerships and representation across Europe, Africa, the Middle East, Asia- Pacific and North America.

For more information visit: www.tekmargroup.com

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