16 January 2018

Tricorn Group Plc

('Tricorn' or the 'Group')

Grant of Options

Tricorn announces that it has awarded the following share options over ordinary shares of 10p each in the Company to Claire Rewbury and John Edgemon, who are both considered to be PDMRs of the Group:-

Claire Rewbury 400,000 ordinary shares

John Edgemon 250,000 ordinary shares

The options, which vest immediately and are in place for 10 years, have an exercise price of 21.5p per share and are pursuant to the terms of the Company's Unapproved Share Option Scheme.

For further information please contact:

Tricorn Group plc

Tel +44 (0)1684 569956

Mike Welburn; Chief Executive

www.tricorn.uk.com

Phil Lee; Group Finance Director

Stockdale Securities Limited

Tel + 44 (0)20 7601 6100

Tom Griffiths

Henry Willcocks - Corporate Broking

Notes to Editors:

Tricorn is a value added manufacturer and specialist manipulator of pipe and tubing assemblies to niche markets worldwide in the Energy and Transportation sectors.

Headquartered in Malvern, UK, Tricorn employs around 300 employees and operates through four brands: MTC, Maxpower, Franklin Tubular Products and Minguang-Tricorn Tubular Products.

Tricorn Group plc published this content on 16 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 January 2018 08:59:06 UTC.

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