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On 19 August 2025, Tekmar Group plc announced that TPI Composites, Inc., a company where its Non-Executive Chairman Steve Lockard is a director, commenced voluntary chapter 11 proceedings in the US Bankruptcy Court for the Southern District of Texas. The company also confirmed that CEO Richard Turner was a director of Change Architecture Ltd within a five-year period prior to taking up his role on the Tekmar Board.
| Date | 19 Aug 2025 |
| Time | 16:06:47 |
| Category | Miscellaneous |
| ID | 9585V |
Tekmar Group plc
("Tekmar", the "Company" or the "Group")
AIM Rule 17 and Schedule 2(g) Update
Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services globally, announces the following update in relation to directors' disclosure for Steve Lockard, Non-Executive Chairman of the Group, pursuant to AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies.
TPI Composites, Inc, a company of which Steve Lockard is a director, has commenced voluntary chapter 11 proceedings in the US Bankruptcy Court for the Southern District of Texas to pursue a comprehensive restructuring.
In addition, pursuant to AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies, the Company confirms that Richard Turner, CEO, was a director of Change Architecture Ltd within a five year period prior to taking up his role on the Board of Tekmar.
Enquiries:
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Tekmar Group Plc |
c/o +44 (0)20 4582 3500 |
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Cavendish Capital Markets Limited (Nomad and Broker) Neil McDonald Pearl Kellie
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+44 (0)131 220 9771 +44 (0)131 220 9775 |
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Gracechurch Group (Financial Media & Investor Relations) Murdo Montgomery Heather Armstrong |
+44 (0)20 4582 3500 |
About Tekmar Group plc
Tekmar Group plc collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world's energy transition.
Through our Offshore Energy and Marine Civils Divisions we provide a range of engineering services and technologies to support and protect offshore wind farms and other offshore energy assets and marine infrastructure. With near 40 years of experience, we optimise and de-risk projects, solve customer's engineering challenges, improve safety and lower project costs. Our capabilities include geotechnical design and analysis, simulation and engineering analysis, bespoke equipment design and build, subsea protection technology and subsea stability technology.
We have a clear strategy focused on strengthening Tekmar's value proposition as an engineering solutions-led business which offers integrated and differentiated technology, services and products to our global customer base.
Headquartered in Newton Aycliffe, UK, Tekmar Group has an extensive global reach with offices, manufacturing facilities, strategic supply partnerships and representation in 18 locations across Europe, Africa, the Middle East, Asia Pacific and North America.
For more information visit: www.tekmargroup.com
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