REG - Judges ScientificPLC - Geotek coring contract

Judges ScientificAnnouncement

29/08/2024 07:00

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RNS Number : 0684C  Judges Scientific PLC  29 August 2024

 Press Release  29 August 2024

 

Judges Scientific plc

 

("Judges Scientific" or the "Company")

 

Geotek coring contract

 

Judges Scientific, the group focused on acquiring and developing companies in
the scientific instrument sector, announces that Geotek, its subsidiary, has
signed a binding contract for its next coring expedition.

 

As explained previously, the expedition is planned to take place early in 2025
and no revenue for this contract will be recognised in 2024. The revenue
arising from this contract is of a similar magnitude to other recent coring
contracts.

 

For further information please contact:

 

 Judges Scientific plc                                        Shore Capital (Nominated Adviser & Joint Broker)

 David Cicurel, CEO                                           Stephane Auton

 Brad Ormsby, CFO                                             Harry Davies-Ball

 Tel: +44 (0) 20 3829 6970                                    Tel: +44 (0) 20 7408 4090

 Panmure Liberum (Joint Broker)                               Investec Bank plc (Joint Broker)

 Edward Mansfield                                             Virginia Bull

 Nikhil Varghese                                              Carlton Nelson

 Tel : +44 (0) 20 3100 2222                                   Tel: +44 (0) 20 7597 4000

 Alma (Financial Public Relations)

 Sam Modlin

 Joe Pederzolli

 Rebecca Sanders-Hewett

 Sarah Peters

 Tel: +44 (0) 20 3405 0205

 judges@almastrategic.com (mailto:judges@almastrategic.com)

 

Notes to editors:

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and
developing companies in the scientific instrument sector.  The Group consists
of 25 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to
a diverse range of markets including: higher education institutions,
scientific research facilities, manufacturers and regulatory authorities.
The UK is a recognised centre of excellence for scientific instruments.
The Group has received five Queen's Awards for innovation and export.

The Group's companies predominantly operate in global niche markets, with long
term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that
generate sustainable profits and cash.  Shareholder returns are created
through the reduction of debt, organic growth and dividends.

For further information, please visit www.judges.uk.com
(http://www.judges.uk.com/)

 

 

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