Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services

15 November 2024

Plexus Holdings PLC

('Plexus' or 'the Company')

Posting of Report & Accounts & Notice of AGM

Plexus Holdings PLC, the AIM-traded wellhead services business, is pleased to announce that its Annual Report and Accounts and Notice of Annual General Meeting ('AGM') were posted to shareholders yesterday and will be available on the Company's website: www.plexusplc.com.

The AGM will be held at the offices of Plexus Ocean Systems Limited at Plexus House, Burnside Drive, Dyce, Aberdeen AB21 0HW on 9 December 2024 at 11.00 a.m.

ENDS

For further information please visit www.plexusplc.com or contact:

NOTES

Plexus Holdings plc (AIM: POS) is an IP-led company specialising in developing and providing wellhead systems and associated products and services for offshore operations.

Headquartered in Aberdeen, the company focuses on providing wellheads for Jack-up rig operations such as exploration and appraisal drilling, P&A work and emerging markets for CCS, hydrogen production and storage and geothermal. Plexus has a collaboration agreement with SLB to supply Exact adjustable wellhead systems for Jack-up applications and supports these operations with a range of proprietary equipment and tools, and project engineering services.

Plexus is known for its highly innovative POS-GRIP® wellhead technology and HG® metal-to-metal sealing systems, for which licences have been sold to major industry players such as SLB and TechnipFMC for limited applications. Plexus continues to develop products based on POS-GRIP technology for challenging surface production wellhead platforms, special projects and connector and subsea applications such as the Python® subsea wellhead system.

Plexus has always been at the forefront of innovation to reduce risk and improve performance in the energy industry, such as developing through-BOP wellhead systems which help to prevent blow-outs, and POS-GRIP "HG" Seals which are leak-free throughout field life and so reduce methane emissions and minimise maintenance costs. These innovations support the oil and gas industry's ESG and NetZero, and in recognition of this, Plexus was Awarded the London Stock Exchange's Green Economy Mark in 2021.

For more information visit: https://www.plexusplc.com/