Result of General Meeting

RNS Number : 8889J

TEG Group (The) PLC

06 July 2011

 



 

6 July 2011

The TEG GROUP PLC (TEG/L)

("TEG" or "the Company")

Result of General Meeting

The TEG Group Plc, the AIM-listed cutting edge green technology company, which develops and operates organic composting and energy plants, announces that at the General Meeting of the Company held today, the Resolutions relating to the Placing and Open Offer, first announced on 20 June 2011, were duly passed without amendment.

Application has been made to AIM for the admission of the 38,389,485 New Ordinary Shares to be issued pursuant to the Placing and Open Offer.  It is expected that Admission will become effective on 8 July 2011 and that dealings in the New Ordinary Shares will commence at 8.00 a.m. on 8 July 2011.  Following Admission, the Company will have 114,615,830 Ordinary Shares in issue.

This announcement should be read in conjunction with the full text of the Circular posted to Shareholders on 20 June 2011, copies of which are available on the Company's website at www.theteggroup.plc.uk . Capitalised terms in this announcement have the same meaning as given in the Circular.

For more information, please contact:

The TEG Group Plc	Tel: [phone]
Michael Fishwick, Chief Executive	www.theteggroup.plc.uk
Peckwater PR	Tel: [phone]
Tarquin Edwards	[e-mail]
Ambrian Partners Limited (NOMAD and Broker)	Tel : [phone]
Andrew Craig / Ben Wright

 

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