Pressure Technologies plc
("Pressure Technologies", the "Company" or the "Group")
Postponement of Sentencing
On 26 November 2019, Pressure Technologies (AIM: PRES), the specialist engineering group, announced that its subsidiary Chesterfield Special Cylinders ("CSC") had been found guilty of a charge brought by the Health & Safety Executive ("HSE") pursuant to Section 2 of the Health and Safety at Work Act 1974 following the fatal accident in June 2015.
Due to a change in judicial availability, the sentencing hearing previously listed for 9 December 2019 has been postponed until the new year.
The Group will provide further updates when more information is available.
For further information, please contact:
Pressure Technologies plc |
|
Chris Walters, Chief Executive |
Tel: 0114 257 3616 |
Joanna Allen, Chief Financial Officer |
[email protected] |
N+1 Singer (Nomad and Broker) |
Tel: 0207 496 3000 |
Mark Taylor / Lauren Kettle |
|
IFC Advisory Ltd (Financial PR and IR) |
Tel: 0203 934 6630 |
Graham Herring / Tim Metcalfe / Zach Cohen |
|
COMPANY DESCRIPTION
Company description - www.pressuretechnologies.com
With its head office in Sheffield, the Pressure Technologies Group 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 gases and hydrogen energy markets.
The Group has two divisions, Precision Machined Components and Chesterfield Special Cylinders.
Precision Machined Components (PMC) - www.pt-pmc.com
● Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot and Martract brands.
Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com
● Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland Gmbh, which is based in Dorsten, Germany.
