Plexus boss says its “never been in a stronger position”
The significance of the TechnipFMC transaction somewhat overshadows the usual metrics revealed in the financial results
Company
Plexus Holdings PLC
LON:POS
Plexus Holdings PLC is an IP led company focussed on establishing its patented leak-proof POS-GRIP® wellhead and associated equipment as the go-to technology for energy markets. The company is making a genuine contribution to the oil and gas industry's ESG and NetZero goals by championing "through the BOP" (Blow-out Preventer) designs, and lifetime leak-proof HG® metal-to-metal sealing systems.
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Plexus Holdings bags £1.4mln sale from Russian partner
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Plexus completes sale of jack-up business and inks collaboration with Technip
“The disposal and collaboration agreement is a win-win for both parties,” said Ben Van Bilderbeek, Plexus chief executive
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Plexus Holdings boss Ben van Bilderbeek is upbeat ahead of AGM
"The current financial year very much represents a new beginning for Plexus, not just in terms of the strengthening of the oil price which, thanks to improving sentiment, today trades above US$60 per barrel, but also in terms of corporate a
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FTSE 100 closes above 7,600 as Santa rally kicks in
The FTSE 100 index closed up 78 points at 7,603, just off the all time high
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Quiet schedule for Thursday, just two more sleeps ‘til market shuts for Christmas
The corporate calendar is looking a lot like Christmas.
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Little stuffing for the turkeys in final trading week before Christmas, and beyond
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Plexus Holdings looking forward to new post-disposal position as IP and licensing business
"The sale of our jack-up exploration business to top tier oil and gas service and equipment provider, TFMC, promises to re-establish the momentum behind the business"
Plexus Holdings gets approval to sell subsidiary to TechnipFMC
"The disposal is in line with Plexus' strategy of increasing industry awareness of its POS-GRIP friction grip technology”
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Plexus flows higher as it offloads Jack-up business for up to £42.5mln
“I believe that the disposal and collaboration agreement with TechnipFMC opens up new opportunities for our technology”
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