03-Mar-2022 09:30 PM
Tanfield Group PLC - investment firm headquartered in Newcastle Upon Tyne - Says additional loan of £125,000 subscribed to, taking value of loan agreed in March 2020 to £625,000. ‘Following discussions with the existing shareholders, th
24-Aug-2020 09:40 AM
Investment company Tanfield reported a first-half loss, owing to legal fees associated with its holding in Snorkel International.
Pre-tax losses for the six months through June amounted to £369k, compared to losses of £127k on-year.
Tanfield
21-Aug-2019 07:32 AM
Investing company Tanfield posted a narrower first-half loss, due to it posting an impairment charge in the previous year.
Pre-tax losses for the six months through June amounted to £0.13m, compared to losses of £17.3m on-year.
Operating los
31-May-2017 01:00 PM
Tanfield Group has confirmed that Jon Pither has decided to step down from the Board with immediate effect and has resigned his position as a director of the Company.
At 1:00pm: (LON:TAN) Tanfield Group PLC share price was +0.13p at 16.13p
Story pr
27-Jul-2015 07:37 AM
Tanfield has narrowed its H1 pretax loss from operations to £0.21m, from £0.26m. Revenue was nil. It is currently defined as an investing company that has two passive investments.
Story provided by StockMarketWire.com...
21-Aug-2014 08:01 AM
The Tanfield Group widened its H1 pretax loss from operations to £0.26m, from a loss of £60,000. Revenue was nil, from £1.3m.
Smith has executed the acquisition of American Business Services, Inc (ABSR), an OTCBB company, by acquiring 85% of the comm
02-Jun-2014 07:53 AM
Tanfield swung to FY pretax profit from operations of £7.4m, from a loss of £13.4m. Revenue was £2.2m, from £3.3m. Its only remaining assets being passive investments in Snorkel International Holdings and Smiths Electric Vehicles Corp.
The current va
30-May-2014 01:05 PM
Further to the announcement of the 12th of May, in which Tanfield (LON:TAN) stated its expectation that its final results for the year ended 31 December 2013 would be published by the end of May, the Company confirms that it now expects these to be publis
05-Nov-2013 08:47 AM
Tanfield said as an investing company it will have minimal running costs and the employment of executive directors Darren Kell, Charles Brooks, and Brendan Campbell have now been terminated in accordance with a condition of the sale of the Powered Access
30-Sep-2013 08:19 AM
Tanfield Group booked an H1 net loss of £8.5m, from a loss of £6.9m. Revenue totalled £18.9m, from £24.1m.
"The Board are strongly recommending the recently announced proposed disposal of the Powered Access division, which de-risks the Tanfield
20-Sep-2013 09:45 AM
Tanfield Group has reached agreement on the terms of a conditional contribution agreement to dispose of its Snorkel Division putting it into a new company, Snorkel International Holdings.
It will retain a minority interest, with SKL Holdings owning a maj
10-Sep-2013 02:03 PM
Tanfield Group (LON:TAN), a manufacturer of Aerial Work Platforms, is providing the following update to the M&A progress announcement of 9th August 2013.
The Board is pleased to report that the company, together with the preferred potential purchaser i
23-Aug-2013 09:26 AM
Tanfield, a global manufacturer of Powered Access equipment, said it and Smith Electric Vehicles Corp have signed a Letter of Intent regarding a joint venture manufacturing arrangement in Taiwan with Taikang Technology Corporation.
Tanfield is an investo
24-Jul-2013 12:20 PM
Tanfield Group PLC, a leading manufacturer of aerial work platforms, has reported that there are a number of companies seeking to acquire its Snorkel Aerial Work Platform division which is for sale.
As stated last month, Tanfield requires the introducti
28-Jun-2013 07:33 AM
The Tanfield Group narrowed its full-year pretax loss to £14.4 million, from £16.3 million. Revenue was £45.1 million, from £48.3 million.
"As we predicted, global demand for aerial work platforms continued to grow significantly throughout 2012,
20-Feb-2013 08:29 AM
Tanfield Group said second-half trading was in line with the first, and that it is mulling several approaches from parties interested in acquiring its Global Aerial Work Platform business.
The company, which makes aerial work platforms, said thierd-quart
28-Sep-2012 09:41 AM
The Tanfield Group, specialist in aerial work platforms, shows rurnover decline reversed at £24.1m (H2 2011: £23.7m) for the half year.
The company improved margins and controlled overhead cost base and net losses narrowed to £7.0m (H2 2012: Operating
17-Jul-2012 09:35 AM
In the first quarter of 2012, Tanfield raised approximately £11.4m net of expenses by way of a placing of new equity to invest in its supply chain.
This enabled Tanfield to grow its global powered access business in response to its order book demand.
12-Apr-2012 09:14 AM
Tanfield Group insists the 11% increase in revenue for the year to £48.3m (2010 £43.5m) reflected the improved market conditions constrained by supply chain capacity and working capital constraints in 2011.
Gross margins increased to 37% (2010: 29%)and
08-Mar-2012 10:58 AM
John Bridge and Jeremy Wooding are stepping down as non-executive directors with Tanfield Group.
Mr Bridge joined the Board in January 2001. Mr Wooding has been a director since June 2009 and was Tanfield's non-executive deputy chairman.
At 10:
09-Feb-2012 07:59 AM
Tanfield Group's, trading for the second half of 2011 was similar to that of the first half.
The Company's order book continued to grow as order intake significantly outstripped monthly shipment revenues. Equipment lead times extended as the
04-Nov-2011 08:49 AM
Further to its announcement of 24 October 2011, the Board of Tanfield is pleased to announce that its US associated company, Smith Electric Vehicles Corp., has obtained the necessary approvals, and has established a new class of preferred equity securitie
08-Mar-2011 12:37 PM
Electric vans company Tanfield Group plc said its associate Smith Electric Vehicles US has raised $58m of new equity in a private placing.
As a result of the placing, in which Tanfield did not participate, it now holds 32.2% of the outstanding issued s
04-Jan-2011 09:21 AM
Tanfield Group plc has completed the sale of the business assets of Smith Electric Vehicles UK, notified on December 23.
Story provided by StockMarketWire.com...
04-Nov-2010 10:55 AM
Electric vehicles group Tanfield said a planned investigation into its auditors concerned historical issues relating to past sets of accounts.
The Accounting and Actuarial Discipline Board had issued a press notice advising of its intention under its Acc