TEK4 Group plc has announced its £24.75 million placing and admission to trading on AIM.
Headquartered in Blaby, Leicestershire, TEK4 Group plc (TEK4) is a UK precision engineering business that designs, manufactures and supports specialist cooling-hole drilling systems used in the production of aero engine and industrial gas turbine components.
TEK4 provides customers with a broad suite of cooling-hole manufacturing solutions from a single supplier, including electrical discharge machining (EDM) drilling, laser ablation and shaped tube electrolytic machining (STEM/ECM). In April 2026, TEK4 acquired Innolas (UK) Limited, adding femtosecond laser and micromachining capabilities and supporting its entry into adjacent medical device and semiconductor applications.
The placement raised approximately £24.75 million, comprising £2.0 million (before expenses) from the issue of new ordinary shares and £22.75 million from the sale of existing shares, giving the company an anticipated market capitalisation of £42.0 million on admission.
Crowe's role and team
Crowe acted as reporting accountant on the transaction. Our Capital Markets team was led by Mitesh Patelia, Will Smith, Rob Williams and Alice Berendt.
