Issue of Shares

RNS Number : 8898T

TEG Group (The) PLC

05 October 2010

 



 

For release

14:00

Date: 5 October 2010

The TEG GROUP PLC (TEG/L)

("TEG" or "the Company")

Issue of Shares

TEG Group (AIM:TEG) is pleased to announce that, further to its announcement of 2 June 2010 regarding its acquisition of Simpro Limited ("Simpro"), the owner of six composting sites based in the Midlands, application has been made for the admission of 384,222 Deferred Consideration Shares to be admitted to trading on AIM, which is expected to occur on 8 October 2010. 

Following the issue of these Deferred Consideration Shares TEG will have 75,617,825 ordinary shares in issue.

Capitalised terms in this announcement have the same meaning as those defined in the announcement made by the Company on 2 June 2010.

ENDS

Contact:
The TEG Group Plc	Tel: [phone]
Tanja Willis, Finance Director	www.theteggroup.plc.uk
Ambrian Partners Limited (Nomad)	Tel : [phone]
Andrew Craig / Ben Wright
Peckwater PR	Tel: [phone]
Tarquin Edwards	[e-mail]

 

END

 

 

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