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Comment on Share Price Movement

26th Aug 2011 16:16

RNS Number : 1488N
Tanfield Group PLC
26 August 2011
 



26 August 2011

TANFIELD GROUP PLC

("Tanfield" or the "Company")

Comment on Share Price Movement

The Board of Tanfield notes the recent movement in the Company's share price. The Company's US associate, Smith Electric Vehicles US ("SEVUS"), is marketing an offering of new shares to fund the continuing development of the business.

A further announcement will be made when appropriate.

Further information:

 

Tanfield Group plc

Darren Kell, Chief Executive

Charles Brooks, Financial Director

 

0845 155 7755

Arbuthnot Securities Limited (NOMAD and Broker)

James Steel

Ed Groome

020 7012 2000

 

ENDS

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Tanfield
FTSE 100 Latest
Value8,415.25
Change7.81