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POS — Plexus Holdings News Story

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Brief: Plexus Enters Agreement With Cactus Wellhead For Offshore Wellhead Product Development

BRIEF-Plexus Enters Agreement With Cactus Wellhead For Offshore Wellhead Product Development

- Plexus Holdings PLC PLEX.L:

  • PLEXUS HOLDINGS PLC - ENGINEERING AGREEMENT WITH CACTUS WELLHEAD LLC

  • PLEXUS - ENTERS AGREEMENT WITH CACTUS WELLHEAD FOR OFFSHORE WELLHEAD PRODUCT DEVELOPMENT

  • PLEXUS - TO UNDERTAKE TWO-YEAR ENGINEERING PROGRAMME FOR CACTUS

  • PLEXUS - TO RECEIVE INITIAL COMMITMENT PAYMENT OF £1M SECURED BY DEBENTURE

  • PLEXUS - EXPECTS ADDITIONAL REVENUE OF UP TO £1.5M OVER PROGRAMME DURATION

Source text: ID:nRST8941Ma

Further company coverage: PLEX.L


((Reuters.Briefs@thomsonreuters.com;))

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