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Plexus Holdings looking at ways to monetise its IP as oil and gas sector recovers

Ben van Bilderbeek, chief executive of Plexus Holdings PLC (LON:POS), spoke to Proactive's Andrew Scott after what's been a period of restructure for the group.

The wellhead valve specialist has had to be patient while the oil and gas sector recovers from the slump in crude prices.

Plexus has fundamentally restructured its business with the sale of its jack-up rig business to a subsidiary of TechnipFMC.

A collaboration deal for new and existing products based on the POS-GRIP technology was part of the agreement.

Quick facts: Plexus Holdings Plc

Price: 21.5 GBX

AIM:POS
Market: AIM
Market Cap: £21.59 m
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