Cape : extends and expands its Perenco UK contract

05 October 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 an extension and expansion of its current contract with Perenco in the UK. Under this framework agreement, Cape will provide multi-discipline industrial and support services across a number of Perenco assets in the Southern sector of the North Sea until 30 September 2017.

Commenting on the contract award, Simon Hicks, Managing Director for UK, said: 'We are delighted to increase our service offering and continue our valued working relationship with Perenco, who we have worked with for a number of years. We remain focused on operational excellence in the delivery of all our services.'

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