22 June 2012
The TEG GROUP PLC (AIM: TEG)
("TEG" or "the Company")
Result of General Meeting
The TEG Group Plc, the AIM-listed cutting edge green technology company, which develops and operates organic composting and energy plants, announces that at the General Meeting of the Company held today, the Resolutions relating to the Open Offer, first announced on 6 June 2012, were duly passed without amendment.
Application has been made to AIM for the admission of the New Ordinary Shares and the Ordinary Shares to be issued pursuant to the Open Offer. It is expected that Admission will become effective on 25 June 2012 and that dealings will commence at 8.00 a.m. on 25 June 2012. Following Admission, the Company will have 184,379,795 Ordinary Shares of 1p each in issue.
This announcement should be read in conjunction with the full text of the Circular posted to Shareholders on 6 June 2012, copies of which are available on the Company's website at www.theteggroup.plc.uk . Capitalised terms in this announcement have the same meaning as given in the Circular.
Contact:
The TEG Group Plc |
Tel: 01772 644980 |
Michael Fishwick, Chief Executive |
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Peckwater PR |
Tel: 07879 458 364 |
Tarquin Edwards |
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N+1 Brewin (NOMAD and Broker) |
Tel : 0845 213 1000 |
Andrew Craig / Ben Wright |
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