Wednesday, 21 March 2007

Tanfield Group

From the RNS's issued yesterday I see that Prudential Plc is building a big stake in this company.

The first RNS at 9.48am said they had an interest in 3.63% of the company the second at 11.32am an interest in 12.94% of the company an increase of 25,509,920 shares or 9.31% in the space of 2 hours.

That is a loud shout about where they see this company heading pricewise!


RNS Number:2806T Tanfield Group PLC 20 March 2007
Tanfield Group plc (the "Company")
Holding in Company
The Company was informed today that Prudential plc has an interest in 12,291,551 ordinary shares in the Company which represents approximately 3.63% of the issued share capital of the Company.

RNS Number:2928T Tanfield Group PLC 20 March 2007
Tanfield Group plc (the "Company")
Holding in Company
The Company was informed today that Prudential plc has an interest in 37,801,471 ordinary shares in the Company which represents approximately 12.94% of the issued share capital of the Company.