Cape : Hong Kong Fuji

Contract Award - Cape Hong Kong Fuji

23 April 2014

Cape Plc, the international provider of critical support services to the energy and mineral resources sectors, announces its subsidiary, Cape Hong Kong Fuji (CHKF), has been awarded a three year contract with a major power supplier in Hong Kong, for the provision of safe access services and associated services. 

Cape acquired Hong Kong Fuji Technology, now CHKF, in March 2012, in order to expand the Group's presence in this region.  The business has performed well since acquisition and this contract award further demonstrates the successful integration of the acquisition.

Joe Oatley, Chief Executive of Cape commented:

"We are delighted with this contract award and look forward to building on our existing relationships in the region.  In order to secure this award a cross-regional team has built on the best practice processes and knowledge in our UK operations and implemented them in our Hong Kong business to deliver an enhanced service and better value to our client.  This demonstrates the progress we have made in implementing our strategy to work as one global business to deliver value to our key stakeholders."  

About Cape:

Cape plc (www.capeplc.com), which is listed on the Main Market of the London Stock Exchange, provides a range of critical industrial services including access systems, insulation, refractory linings, painting, coating, blasting, industrial cleaning, training and assessment to industrial plant operators and major international engineering and construction companies.

As a single-source provider, Cape is able to provide a range of specialist multi-disciplinary services specifically tailored to meet the needs of the client providing the most intelligent and cost-efficient solutions for our clients' in-plant maintenance and capital needs.

In the year ended 31 December 2013, Cape reported adjusted revenue of £697.1 million. With scale and leading market positions across its international footprint, Cape employs over 18,000 people around the world.

For further information about Cape, please visit our websitewww.capeplc.com

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For more information contact:

Joe Oatley, Chief Executive, Cape plc

joe.oatley@capeplc.com

+44 (0)1895 459979

Michael Speakman, Chief Financial Officer, Cape plc

michael.speakman@capeplc.com

+44 (0)1895 459979

Bobby Morse, Ben Romney & Louise Mason, Buchanan

+44 (0)20 7466 5000