7 March 2011
TANFIELD GROUP PLC ("Tanfield" or the "Company")
Smith Electric Vehicles US - Form D Filing
The Board of Tanfield announces that its associate company, Smith Electric Vehicles US, filed with the SEC on 4 March 2011 a Form D notice for a private placement of US$53,150,000 of which US$20,204,082 has been sold to date.
A copy of the Form D notice can be found at www.sec.gov/Archives/edgar/data/1455900/000145590011000001/xslFormDX01/primary_doc.xml
and a further announcement will be made in due course.
Further information:
Tanfield Group plc 0845 155 7755
Darren Kell / Charles Brooks
Arbuthnot Securities Limited (NOMAD and Broker) 020 7012 2000
James Steel / Ed Gay
ENDS
This information is provided by RNS