Plexus confirms purchase order from Russian partner
Oil and gas engineering services company Plexus Holdings has confirmed a first purchase order for its Tersus TRT Mudline Suspension System equipment from LLC Gusar (OOO Gusar) Ltd.
FTSE AIM All-Share
745.67
17:08 19/04/24
n/a
n/a
Oil Equipment, Services & Distribution
4,928.34
16:30 11/04/24
0.00%
0.00
Plexus Holdings
15.75p
16:55 19/04/24
0.00%
0.00p
LLC Gusar was Plexus' partner in Russia and the purchase order fell under the exclusive licence agreement it singed with Gusar and CJSC Konar (ZAO Konar), both two independent Russian oil and gas equipment manufacturers, in January 2016.
The purchase order was for a full MLS system, including hangers, running tools and TA Cap.
At 12:11 GMT, shares in AIM-quoted Plexus Holdings were down 1.72% to 71.25p each.