REG-HMS Group HMS Group: Rub 7.5 billion contract to deliver oil & gas equipment

HMS Hydraulic Machines & SystemsAnnouncement

05/04/2021 14:35

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   HMS Group (HMSG)
   HMS Group: Rub 7.5 billion contract to deliver oil & gas equipment

   05-Apr-2021 / 16:32 MSK
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   HMS Hydraulic Machines & Systems Group plc
   (the "Company", and together with its subsidiaries, the "HMS Group")

    

    

   HMS Group signs Rub 7.5 billion contract to deliver oil & gas equipment

    

   Moscow, Russia - April 5, 2021

    

   HMS Group announces today that it has signed a Rub 7.5 billion contract
   for delivery and installation of oil & gas equipment for one of the
   largest gas fields in Russia.

    

   The contract is for manufacture, delivery and installation of membrane
   modules and elements, turbo-compressor units for an interstage compressor
   station and gas transportation units for a gas booster station as part of
   a helium concentrate membrane recovery unit.  This is a follow-up contract
   HMS Group has secured with this client.  The first one was announced in
   2017 in a Rub 10.2 billion contract, and that was the first project of
   that kind in Russia.

    

   For more information, please, contact:

   Inna Kelekhsaeva, Deputy Head of Capital markets, on telephone: +7 (495)
   730-6601, or email:  1 capital-markets@hms.ru

   Alexander Rybin, Head of Capital markets, on telephone: +7 (495) 730-6601,
   or email:  2 capital-markets@hms.ru

    

   About HMS Group

   HMS Group is the leading pump and compressor manufacturer, as well as the
   provider of flow control solutions and related services for the oil and
   gas, petrochemistry, nuclear and thermal power generation, water and
   wastewater sectors in Russia and the CIS headquartered in Moscow, Russia.
   HMS Group's products are mission-critical elements of projects across a
   diverse range of industries. HMS has a listing on the London Stock
   Exchange in the form of global depositary receipts (LSE: HMSG).
    3 http://ar2019.grouphms.com

    

   Press Release Information Accuracy Disclaimer

   Information published in press releases was accurate at the time of
   publication but may be superseded by subsequent releases or other
   information.

    

   LEI: 254900DDFETNLASV8M53

   3.1. Additional regulated information required to be disclosed under the
   laws of a Member State

   2.2. Inside information

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   ISIN:           US40425X4079
   Category Code:  CNT
   TIDM:           HMSG
   LEI Code:       254900DDFETNLASV8M53
   OAM Categories: 2.2. Inside information
                   3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   96866
   EQS News ID:    1180795


    
   End of Announcement EQS News Service

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    4 fncls.ssp?fn=show_t_gif&application_id=1180795&application_name=news&site_id=reuters8

References

   Visible links
   1. mailto:capital-markets@hms.ru
   2. mailto:capital-markets@hms.ru
   3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=3fcf3330cd49a8395708e1f901baee18&application_id=1180795&site_id=reuters8&application_name=news


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