10 November 2016

Tricorn Group Plc 

("Tricorn" or the "Group")

Business Award

Tricorn Group plc (AIM: TCN.L), the AIM listed tube manipulation specialist announces that its USA operation, Franklin Tubular Products which is part of the Group's Transportation Division has been awarded business by Volvo Group Truck Operations that is expected to generate additional revenue of $3.5m (£2.80m) over a 4-year period. Initial revenues from Volvo are expected to commence before the end of the current financial year. 

David Leakey, Sales Director of Tricorn, commented: "We are establishing a growing reputation for outstanding operational performance and I am delighted that our USA company has been able to secure this important business for the Group."

The Group's interim results are expected to be announced on 7 December 2016.

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Notes to Editors:

Tricorn is a value added manufacturer and specialist manipulator of pipe and tubing assemblies to niche markets worldwide in the Energy and Transportation sectors.

Headquartered in Malvern, UK, Tricorn employs around 300 employees, has 4 manufacturing facilities in China, USA and UK. It operates through four brands: Franklin Tubular Products, Malvern Tubular Components, Maxpower Automotive and Minguang-Tricorn Tubular Products.