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Pressure Technologies Plans Rebranding to Chesterfield Special Cylinders Holdings

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Pressure Technologies Plans Rebranding to Chesterfield Special Cylinders Holdings

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Pressure Technologies ( (GB:PRES) ) has shared an update.

Pressure Technologies plc has announced plans to change its name to Chesterfield Special Cylinders Holdings plc, pending shareholder approval at the upcoming Annual General Meeting. This rebranding aligns the company’s identity more closely with its core subsidiary, potentially strengthening its market presence and stakeholder recognition.

More about Pressure Technologies

Pressure Technologies plc, based in Sheffield, operates through its subsidiary Chesterfield Special Cylinders (CSC). CSC is a leading designer and manufacturer of high-pressure containment products and services, catering to global markets in defense, hydrogen energy, oil & gas, and industrial sectors.

YTD Price Performance: -2.53%

Average Trading Volume: 22,944

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £14.89M

Learn more about PRES stock on TipRanks’ Stock Analysis page.

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