TTS Group ASA: New contract for car carriers


TTS Group ASA has, through its subsidiary TTS Marine AB in Gothenburg, Sweden, entered into a firm contract for delivery of cargo access equipment to in total three car carriers. The total order value for TTS is approx. 25  MNOK.

The three Pure Car/Truck Carriers (PCTC) are under construction at a European shipyard. The TTS deliveries will be completed during 2016 and 2017.

TTS has in recent years developed a strong position as a preferred supplier within the PCTC market, which is further strengthened through this contract.

Bergen, 17th March 2015
TTS Group ASA

Tel.: +47 55 94 74 00 / Fax: +47 55 94 74 01
http://www.ttsgroup.com

Contact persons:

Björn Andersson
CEO
M: +47 911 33 671

Henrik Solberg-Johansen
CFO
M: +47 982 06 438

Miao Reinlund
VP, Communications
M: +47 900 65 883

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.