Tanfield Share News (TAN)

UPDATE: Tanfield To Support Smith Electric Vehicles Capital Restructuring Plan

LONDON (Alliance News) - Tanfield Group PLC Tuesday said it had decided to support the capital restructuring and listing plans of Smith Electric Vehicles US, even though the deal will dilute its shareholding in Smith. In a statement, the investment company said it had signed a deal which co

Tanfield To Support Smith Electric Vehicles Capital Restructuring Plan

LONDON (Alliance News) - Tanfield Group PLC Tuesday said it had signed a deal with Smith Electric Vehicles US which conditionally binds it to sign consents to allow Smith to raise funding up to USD30 million and to restructure the capital of the company. The news comes after Tanfield last w

Tanfield Says Smith Electric Has Finance, Potential Acquisition Deal

LONDON (Alliance News) - Tanfield Group PLC Monday said that Smith Electric Vehicles, one of the two companies it is invested in, has reached a deal which would see battery technology company Sinopoly Battery Ltd make a strategic investment in the firm, and has also signed a letter of intent with

STOCKS NEWS EUROPE-UK small caps close 0.5 pct lower

The FTSE small cap index and junior-listed AIM shares fall 0.5 percent and 1.2 percent respectively, underperforming the mid-caps and the blue chips, both down 0.4 percent. Amara Mining climbs 4.2 percent as it continues to receive favourable broker commentary following the preliminary ass

Tanfield faces dilution of 24 per cent stake in electric vehicle arm

Electric vehicle investment firm Tanfield Group is reviewing its investment strategy after news that a fundraising needed by its Smith Electric Vehicles arm could significantly dilute its stake, hitting its shares. Tanfield, which owns 24% of SEV, said SEV needed more investment to survive and to a

UK MIDDAY BRIEFING: London IPO Market Continues To Boom

LONDON (Alliance News) - The strong start to the year for UK initial public offerings continued Friday as Boohoo.com became the fifth UK retailer to float in 2014, conditional dealings for oil rigs company Gulf Marine Services got under way, and OneSav

UK WINNERS & LOSERS: Sainsbury's, Tesco Rebound From Morrisons Knock

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.

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FTSE 100 - WINNERS

J Sainsbury, up 3.2%, and Tesco, up 0.9%. The food retai

Tanfield Says Snorkel, Smith Electric Vehicles Performed Well In 2013

LONDON (Alliance News) - Investing company Tanfield Group PLC Friday said its two passive investments, Snorkel International Holdings and Smith Electric Vehicles Corp, performed well during 2013, as it sold its loss-making engineering business in December. Tanfield said Snorkel, a manufactu

Tanfield Group Fails To Attract Buyer For Loss Making Engineering Business

Tanfield Executive Directors Leave, Defer Payoffs And Loan Repayment

Tanfield Urges Approval Over Division Disposal Following Widened Losses

STOCKS NEWS EUROPE-UK small cap AIM index outpaces blue-chips

The FTSE AIM All Share Index is up by 0.5 percent in mid-session trade, outperforming a flat FTSE 100 blue-chip index and a 0.2 percent dip on the FTSE 250 mid-cap index. The broader FTSE Small Caps Index slips 0.1 percent. Clear Leisure, a company whose leisure industry assets inclu

Tanfield Moves Forward On Sale Of Powered Access Division

Tanfield narrows losses but flags cash constraints

Tanfield Group reported smaller full-year losses but said it had reined in production in its final quarter to protect cash and it required additional working capital. Shares in the aerial lift manufacturer had fallen 3.58% to 22.9p by 09:58 on Friday.. The aerial lift manufacturer reported pre-tax

Wednesday broker round-up UPDATE

Abcam: Canaccord Genuity moves target price from 344p to 358p, but still recommends selling. Antofagasta: Jefferies cuts target price from 1350p to 1100p, while keeping a hold recommendation. ASOS: Cantor Fitzgerald raises target price from 2500p to 2900p reiterating a hold recommendation. Panmure