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EGM Notice / Issue of Equity

28th Apr 2005 08:30

Tanfield Group PLC28 April 2005 Tanfield Group PLC Notice of EGM and Issue of Equity The Directors of the Tanfield Group plc ('Tanfield' or 'the Company') todayannounces that the Company has conditionally placed 27,500,000 new OrdinaryShares at a placing price of 20p per share raising £5.5m before expenses. Theplacing will allow the Company to take advantage of certain strategic growthopportunities. The placing is conditional inter alia on the passing of resolutions to increasethe authorised share capital of the Company and disapply pre-emption rights atthe EGM which will take place on 20 May 2005 at 11.00 a.m. at Factory BT95/2 Tanfield Lea Industrial Estate, Tanfield, Co. Durham, DH9 9NX. Enquiries: Roy StanleyTanfield Group Plc Tel. 01207 521111 Ruari McGirrDaniel Stewart & Co Plc Tel. 020 7374 6789 This information is provided by RNS The company news service from the London Stock Exchange

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Tanfield
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