31 May 2007 12:40
Tanfield Group PLC31 May 2007 TANFIELD GROUP PLC ("Tanfield" or the "Company") ISSUE OF SHARES The Company announces that pursuant to the terms of convertible loan notes, oneholder of the convertible loan notes has elected to convert its loan note into789,474 ordinary shares of 1p each ("Ordinary Shares"). The Company is alsoissuing 100,000 Ordinary Shares to an employee who is exercising options overthe Ordinary Shares. The Company will issue 889,474 Ordinary Shares and as aresult will have a total of 292,961,941 Ordinary Shares in issue. Application has been made for the Ordinary Shares, which will rank pari passuwith all existing ordinary shares, to be admitted to trading on AIM. Admissionis expected to occur on 1 June 2007. This information is provided by RNS The company news service from the London Stock Exchange