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RNS Number : 1980R Strip Tinning Holdings PLC 16 July 2025
16 July 2025
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR. Upon the publication of this announcement via a Regulatory Information
Service, this inside information is now considered in the public
domain.
Strip Tinning Holdings plc
("Strip Tinning" or the Company")
Award of APC26 Grant
Strip Tinning Holdings plc (AIM: STG), a leading supplier of specialist
connection systems to the automotive sector, is pleased to report that it in
conjunction with the grant consortium companies has been successful in the
governments DRIVE35 funding programme, facilitated by the Advanced Propulsion
Centre UK (APC) APC26; "Industrialising net zero automotive technology".
Strip Tinning's role in the Inter Connected Cell Assembly project is to
develop the individual cell sensing and communication to the Battery
Management System, in order to aid battery passport requirements.
Strip Tinning are very proud to be part of a consortium of such high calibre
organisations as Jaguar Land Rover, Warwick Manufacturing Group, Lubricants UK
and Novelis.
The grant award to Strip Tinning is for £857,000. The project starts in Q3
2025 and is a 2.5 year project.
For the grant funding to be committed, the project start up requirements need
to have been met (finance checks, forecasts, exploitation plan etc.), the
collaboration agreement signed, and the grant offer letter received.
The person responsible for arranging the release of this information on behalf
of the Company is Mark Perrins, Chief Executive Officer.
Enquiries:
Strip Tinning Holdings
plc
Mark Perrins, Chief Executive
Officer
Kevin Edwards, Chief Financial Officer
Singer Capital Markets (Nominated Adviser and Sole
Broker) +44 (0) 20 7496 3000
Rick Thompson
James Fischer
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