REG - PressureTechnologies - Further Update on FY22 Annual Report & Accounts

Pressure TechnologiesAnnouncement

27/04/2023 10:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230427:nRSa7039Xa&default-theme=true

RNS Number : 7039X  Pressure Technologies PLC  27 April 2023

Pressure Technologies plc

("Pressure Technologies", "the Company" or "the Group")

 

Further Update on FY22 Annual Report & Accounts

 

Pressure Technologies plc (AIM: PRES), the specialist engineering
group, provides an update on the publication of its Annual Report &
Accounts for the financial year ended 1 October 2022 ("FY22 Annual Report").

The Company's auditor, Grant Thornton, has advised that it requires more time
to finalise its audit report due to resource constraints.  The Company will
therefore not be in a position to publish its audited FY22 Annual Report by
the end of April 2023 as previously announced on 21 and 27 March 2023.

The Company now expects to publish its FY22 Annual Report by mid-May 2023,
with no change to the expected Group revenue and operating profit previously
announced on 21 March 2023.

The Company's shares were suspended from trading on AIM on 3 April 2023, and
will remain suspended until the FY22 Annual Report is published.

Further announcements will be made in due course as appropriate.

For further information, please contact:

 

 Pressure Technologies plc                       Tel: 0330 015 0710

 Chris Walters, Chief Executive                  PressureTechnologies@houston.co.uk

 Singer Capital Markets (Nomad and Broker)       Tel: 0207 496 3000

 Rick Thompson/Asha Chotai
 Houston (Financial PR and Investor Relations)   Tel: 0204 529 0549

 Kay Larsen / Ben Robinson

 

COMPANY DESCRIPTION

 

www.pressuretechnologies.com (https://www.pressuretechnologies.com/)

 

With its head office in Sheffield, Pressure Technologies was founded on its
leading market position as a designer and manufacturer of high-integrity,
safety-critical components and systems serving global supply chains in oil and
gas, defence, industrial and hydrogen energy markets.

 

The Company has two divisions, Chesterfield Special Cylinders and Precision
Machined Components.

 

Chesterfield Special Cylinders (CSC) -  www.chesterfieldcylinders.com
(https://www.chesterfieldcylinders.com/)

·      Chesterfield Special Cylinders, Sheffield, includes CSC
Deutschland GmbH.

Precision Machined Components (PMC) -  www.pt-pmc.com (https://pt-pmc.com/)

·      Precision Machined Components includes the Al-Met, Roota
Engineering and Martract sites.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCMZGZDLNRGFZG