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The need for Plexus Holdings' POS-GRIP technology 'becoming more critical'

Plexus Holdings PLC (LON:POS) Ben Van Bilderbeek tells Proactive London's Andrew Scott he's encouraged by an increasing level of incoming enquiries for its POS-GRIP-enabled products.

This week the oilfield services group announced it's to pay out a £1mln interim dividend following the sale of its jack-up rig wellhead rental business. 

The balance sheet is also being restructured so that it can make additional payments in future.

Quick facts: Plexus Holdings Plc

Price: 34.5 GBX

AIM:POS
Market: AIM
Market Cap: £34.65 m
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Plexus Holdings looking at ways to monetise its IP as oil and gas sector...

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...

on 10/9/18

2 min read