RNS Number : 1980R
Strip Tinning Holdings PLC
16 July 2025
 

16 July 2025

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered in the public domain.      

Strip Tinning Holdings plc

("Strip Tinning" or the Company")

Award of APC26 Grant

Strip Tinning Holdings plc (AIM: STG), a leading supplier of specialist connection systems to the automotive sector, is pleased to report that it in conjunction with the grant consortium companies has been successful in the governments DRIVE35 funding programme, facilitated by the Advanced Propulsion Centre UK (APC) APC26; "Industrialising net zero automotive technology".

Strip Tinning's role in the Inter Connected Cell Assembly project is to develop the individual cell sensing and communication to the Battery Management System, in order to aid battery passport requirements.

Strip Tinning are very proud to be part of a consortium of such high calibre organisations as Jaguar Land Rover, Warwick Manufacturing Group, Lubricants UK and Novelis.

The grant award to Strip Tinning is for £857,000. The project starts in Q3 2025 and is a 2.5 year project.

For the grant funding to be committed, the project start up requirements need to have been met (finance checks, forecasts, exploitation plan etc.), the collaboration agreement signed, and the grant offer letter received.

The person responsible for arranging the release of this information on behalf of the Company is Mark Perrins, Chief Executive Officer.

Enquiries:

Strip Tinning Holdings plc                                                                                     

Mark Perrins, Chief Executive Officer                                                                                 

Kevin Edwards, Chief Financial Officer

 

Singer Capital Markets (Nominated Adviser and Sole Broker)                      +44 (0) 20 7496 3000

Rick Thompson

James Fischer

 

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