Transfer of Treasury Shares &

RNS Number : 5728O

Tandem Group PLC

30 June 2010

 



Tandem Group plc

(the "Company")

Transfer of Treasury Shares and Total Voting Rights

The Company announces it has today transferred 9,600 Ordinary Shares to a participant in the Company's Approved Share Option Scheme at an exercise price of 62.5 pence per Ordinary Share.  The Ordinary Shares to satisfy the options exercised have been bought from the 471,080 Ordinary Shares held by the Company in Treasury.

In conformity with the Financial Services Authority's Disclosure and Transparency Rules the Company's issued share capital as at 30 June 2010 consists of 6,013,480 ordinary shares of 25 pence each.  Following the transfer, the Company holds a total of 461,480 shares in Treasury and therefore, the total number of voting rights in the Company is 5,552,000.

The above figure (5,552,000) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.

Enquiries:

Tandem Group plc

Jim Shears, Group Finance Director and Company Secretary

Telephone [phone]

Nominated Adviser

Cairn Financial Advisers

Tony Rawlinson

Telephone [phone]

 

END

 

 

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