Result of AGM and Notice of E

RNS Number : 6541X

Tandem Group PLC

27 June 2008

 



Tandem Group plc

(the 'Company')

Result of AGM and Notice of EGM

The Company announces that all resolutions at its Annual General Meeting held on Thursday 19 June 2008 were duly passed by its shareholders. The authority for the Company to purchase its own shares was approved as an item of special business.

 

The Company has today posted a circular to its shareholders (including a Notice of an Extraordinary General Meeting) seeking approval at an Extraordinary General Meeting to be held on Monday 21st July 2008 at 11.00 a.m. at MV Sports & Leisure Ltd, 35 Tameside Drive, Castle Bromwich, B35 7AG for the cancellation of its share premium account (the “Cancellation”). Implementation of the Cancellation is subject to shareholder approval and confirmation by the High Court.  The Cancellation will  enable the Company in the future, where appropriate, and subject to any necessary shareholder approval, to pay a dividend and/or purchase its own shares.  A copy of this circular is available from the Company’s website at www.tandemgroup.co.uk

For further information contact:

KBC Peel Hunt Ltd (Nominated Adviser and Broker)         020 7418 8900

David Anderson

Deon Veltdman

Tandem Group plc

Jim Shears, Company Secretary                                  01733 211399

 

END

 

 

NOEEQLFLVQBZBBB