Tekmar Group plc

("Tekmar", the "Company" or the "Group")

Framework Agreement with Jan De Nul

Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services globally, is pleased to announce that it has signed an exclusive framework agreement with Jan De Nul for the engineering, manufacturing and supply of Tekmar's 10th Generation Cable Protection System (CPS) supporting TenneT's 2GW Program in Germany.

The first awards under the agreement cover two projects. Work has commenced immediately on the first project with delivery expected in FY2027. The second project will be delivered in FY2028.

Richard Turner, Chief Executive Officer of Tekmar Group, commented:

"We are delighted to extend our relationship with Jan De Nul through this new framework agreement. It demonstrates the confidence placed in Tekmar's engineering expertise and delivery capability, while providing a clear pathway of multi-project opportunities in the growing German offshore wind market."

Harold Heeffer, Portfolio Director Subsea Cables at Jan De Nul commented:

"Jan De Nul selected Tekmar's 10^th Generation Cable Protection System for its combination of proven track record and continuous innovation. This framework agreement secures reliable technology for multiple projects within TenneT's 2GW Program and strengthens the long-term collaboration between our companies."

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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

About Jan De Nul

Jan De Nul shapes water, land and energy around the world, addressing some of the most important challenges of our time. From the rising sea level to the energy transition, from polluted soil to sustainable buildings: we engineer solutions that future-proof our world, known for their complexity and high stakes. Our Can-do People focus on four areas of expertise: Offshore Energy, Dredging Solutions, Construction Projects and Planet Redevelopment. Together, we all work towards one shared goal: to improve the global quality of life for generations to come.  www.jandenul.com