TG21

From Wikipedia, the free encyclopedia

TG21 plc (LSE: TGP) is a British company which sells and services vehicle electronics for passenger cars and motorcycles. The company was formerly known as Toad Group PLC and changed its name in May 2005 to TG21 plc.[1]

The company's products include electronic theft safety devices, barriers, closed-circuit video monitoring devices in public transport, hands-free devices for mobile telephones, navigation systems, and audio and multimedia devices, as well as replacement of stolen devices.

The company employs about 220 staff at offices in Mitcham, Tamworth, Blackburn and Runcorn. Revenue for 2005 was £ 36.3 million (equivalent to 55 million euros).

One of the company's original backers was Sir Christopher Thomas Evans OBE, founder of several British biotechnology enterprises and twice chosen as "Cambridge Businessman of the Year". Evans was arrested on 20 September 2006 as part of police enquiries into the "Cash for Peerages" allegations.

The non-executive chairman of the company is Peter T. Ward, and the CEO is Nicholas Grimond.

The company's subsidiary Metvale Ltd., based in Tortola in the British Virgin Islands, is the owner of MSC Napoli, a container ship damaged by the gale Kyrill in the English Channel in January 2007. The manager of the ship is Zodiac Maritime Agencies Ltd., and the ship was under charter to Mediterranean Shipping Company S.A.

The company was listed on the Alternative Investment Market of the London Stock Exchange on April 15, 2005.

  • TG21 official site

  1. ^ TG21 plc press release - May 23, 2005 - Change of name to TG21 plc
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