Tanfield Group PLC
15 November 2006
Tanfield Group plc
('Tanfield' or 'the Company')
Result of EGM
The Company is pleased to announce that at the Extraordinary General Meeting
held today all of the resolutions were passed.
As a result, the placing of 50,000,000 new ordinary shares, as announced on 23
October 2006, has been declared unconditional. The placing has raised £20m
(before expenses) for the Company at a placing price of 40p per new ordinary
share with admission expected on 16 November 2006. The new shares will rank pari
passu with the existing ordinary shares.
Enquiries:
Darren Kell, Chief Executive
Tanfield Group plc Tel. 0845 155 7755
Ruari McGirr
Daniel Stewart & Company plc Tel. 020 7776 6550
This information is provided by RNS
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