Business
Re: Press Speculation
Re: Press Speculation.
About this update from Tanfield Group Plc
[{"type":"text","content":"\n Tanfield Group PLC\n27 June 2007\n\n Tanfield Group Plc\n ('Tanfield' or the 'Company')\n\n\n Recent press speculation\n\n\nThe Company notes the recent press speculation regarding a fund raising. The\nCompany confirms that it has completed a placing to raise £115 million at 163p\nper ordinary share to fund a substantial acquisition, which is expected to be\nsignificantly earnings enhancing in the first full year of ownership. The\nplacing is conditional upon, inter alia, completion of the acquisition and the\nCompany expects to provide further information shortly.\n\n\n\nCenkos Securities plc Tel: +44(0)20 7397 8900\n\nStephen Keys\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1038,"tagName":"div"}]