TP Group PLC Sale of Westek Technology Ltd. (2428L)

TIDMTPG

RNS Number : 2428L

TP Group PLC

29 December 2022

This announcement contains inside information

TP Group plc

("TP Group" or the "Company")

Sale of Westek Technology Ltd.

TP Group (AIM: TPG), announces that it has entered into a conditional agreement to dispose of the entire issued share capital of its non-core business, Westek Technology Ltd to Roda Computer GmbH for a cash consideration of GBP0.8m. Completion of the disposal is subject to regulatory clearance in the UK. The Company will make a further announcement in due course.

 
  TP Group plc                              Tel: 01753 285802 
  Derren Stroud, Chief Financial Officer 
  www.tpgroupglobal.com 
 
  Cenkos Securities plc                     Tel: 020 7397 8980 
  Stephen Keys / Mark Connelly / Callum 
   Davidson 
  www.cenkos.com

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December 29, 2022 10:04 ET (15:04 GMT)

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