15 May 2024Harland & Wolff Group Holdings plc("Harland & Wolff" or the "Company")Times Article & Recent Speculation Regarding the Export Development Guarantee ("EDG") ApplicationHarland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, seeks to provide clarity on, what it considers to be, a misleading and inaccurate article published in the Times today, and to reassure shareholders. The Company has been working through its five-year plan, which has seen four shipyards and fabrication facilities rebuilt or refurbished, a pipeline of contracted work secured and increasing amounts of work delivered. The Company is busy across its five markets, with substantial growth on its key energy and cruise contracts. Work on FSS continues, with the framework for the extension to the new fabrication hall taking shape in Belfast. Now known as Harland & Wolff (Methil) and Harland & Wolff (Arnish), these facilities will focus on fabrication work within the renewables, energy and defence sectors.

Source: The Times May 15, 2024 12:44 UTC