REG - Tekmar Group PLC - £4m Contract for European Offshore Wind Project

RNS Number : 9625S Tekmar Group PLC 13 February 2026 This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement via a Regulatory Information Service, this inside information is considered to be in the public domain.Tekmar Group plc("Tekmar", the "Company" or the "Group")£4m Contract for European Offshore Wind ProjectTekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services, is pleased to announce that it has secured a contract valued in excess of £4 million for the supply of its 10th Generation Cable Protection Systems ("CPS") and associated ancillaries to a large European offshore windfarm.The contract has been awarded by an established customer. Tekmar will deploy its in-house engineering expertise and holistic design capabilities to deliver an optimised technical solution for the project. Delivery is scheduled during FY27, with revenue recognition expected across both FY26 and FY27.This award reinforces Tekmar's leading position within the offshore wind industry, with over 12,000 systems protecting more than two thirds of the world's installed offshore wind capacity.Phil Lanigan, CFO of Tekmar Group plc, commented:"This contract reflects continued delivery against Project Aurora, adding further depth to our record order book and enhancing visibility into FY27. Since 1st July 2025, Tekmar has secured £43m of order intake, including in excess of £15 million scheduled for execution beyond 30 September 2026. This represents a step change in orderbook strength and early visibility from historical levels."Richard Turner, CEO of Tekmar Group plc, commented:"We are delighted to support our customer on this project, which represents another landmark European offshore wind development utilising Tekmar's differentiated CPS technology.We are encouraged by recent newsflow which evidences the long-term growth opportunity in this maturing market. The increased European intergovernmental collaboration announced with the Hamburg Declaration supports the acceleration of offshore wind deployment with interconnected cross-border assets increasing energy security and certainty of supply.This announcement comes after the UK delivered a record-breaking offshore wind auction in January 2026, securing 8.4 GW of additional offshore wind capacity. These key industry milestones enhance our market visibility and align directly with our Project Aurora growth strategy."Enquiries:Tekmar Group plc Richard Turner, CEOPhil Lanigan, CFOc/o +44 (0) 20 4582 3500Cavendish Capital Markets Limited (Nomad and Broker) Peter LynchNeil McDonaldPearl Kellie+44 (0) 131 220 9772+44 (0) 131 220 9771+44 (0) 131 220 9775Gracechurch Group (Financial Media & Investor Relations)Murdo MontgomeryAlexis Gore+44 (0) 20 4582 3500About Tekmar Group plcTekmar Group plc is a leading provider of asset protection technology and offshore energy services, supporting the global energy transition and marine infrastructure markets.Operating across two core divisions - Asset Protection Technology and Offshore Energy Services - the Group delivers proprietary, engineering-led solutions that protect, stabilise and extend the life of critical offshore assets, including offshore wind farms, subsea interconnectors, oil and gas infrastructure, and ports and harbours.With 40 years of experience, Tekmar has delivered asset protection and stabilisation solutions to more than 120 offshore wind projects across 25 countries, supporting over 40GW of installed capacity globally. The Group has deployed over 12,000 cable protection systems, supplied more than 100,000 subsea stabilisation products, and delivered in excess of 300,000 geotechnical and analysis hours, underpinned by a team of specialist engineers across multiple disciplines.Through continuous innovation and scalable engineering and manufacturing capability, Tekmar supports increasingly complex offshore energy and marine infrastructure developments worldwide.Headquartered in Newton Aycliffe, UK, Tekmar Group operates internationally with offices, manufacturing facilities, strategic supply partnerships and representation across Europe, Africa, the Middle East, Asia Pacific and North America.For more information visit: www.tekmargroup.comThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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