Cape : awarded additional work at the Pembroke Refinery

10 November 2016

Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, is pleased to announce they have secured additional contract works as part of an amendment to their existing agreement to provide services to the Pembroke Refinery for Valero Energy Limited. The award will result in the transfer of 83 to Cape Engineering Services Ltd.

Valero Energy Limited operates the oil refinery which is situated on the Pembrokeshire coast. Opened in 1964, the refinery is one of the largest, most complex refineries in Western Europe. It makes products including gasoline, diesel fuel, kerosene, liquefied petroleum gas (LPG) and petrochemical feedstocks.

About Cape:

Cape (www.capeplc.com), which is premium listed on the main market of the London Stock Exchange, is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Our multi-disciplinary service offering includes access systems, insulation, specialist coatings, passive fire protection, refractory linings, mechanical services, environmental services, oil and gas storage tanks and heat exchanger replacement and refurbishment. Cape employs c.16,400 people working across 19 countries and in 2015 reported adjusted revenue of £711.4 million.

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Enquiries

Cape plc
Joe Oatley, Chief Executive, +44 (0) 1895 459 979
Michael Speakman, Chief Financial Officer, +44 (0) 1895 459 979
Ian Wood, Head of Investor Relations, +44 (0) 1895 459 979

Buchanan
Bobby Morse, Ben Romney, Chris Judd, +44 (0) 207 466 5000