07:00 Wed 23 Dec 2020
Carclo plc - Framework Agreement
Framework Agreement
Carclo plc, a global provider of value-adding engineered solutions for the medical, optical, electronics and aerospace industries, announces that its Carclo Technical Plastics ("CTP") division has signed a framework agreement with a major global OEM for the manufacture of complex medical diagnostic disposable devices (the "Framework Agreement").
The Framework Agreement enables the award of production contracts to CTP for the manufacture of a range of products over the next ten years from a number of its facilities. Tooling contracts related to certain of these products have already been awarded to CTP and are expected to make a modest contribution to Group performance in the year to
Production contracts remain subject to a number of conditions including product acceptance and, provided these are met, are expected to be awarded in the first half of the year to
About Carclo plc
Carclo plc is a public company whose shares are quoted on the Main Market of the London Stock Exchange. The Group is a global provider of value-adding engineered solutions for the medical, optical and aerospace industries.
Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
LEI: 21380078MEM399JPI956
Enquiries:
Carclo plc 01924 268040
FTI Consulting 020 3727 1340
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