TSEG Tse Grp.

    RNS Number : 9572E
  TSE Group PLC
  02 October 2008
   

    For immediate release

    2 October 2008
    TSE Group Plc
    ("TSE" or the "Company")
    Issue of Shares

    On 20 August last year, TSE completed the acquisition of Wilton International Consulting Limited ("Wilton") following the approval by
the Company's independent shareholders of the acquisition and the issue of the consideration shares to the vendors.  Pursuant to the
acquisition agreement, Robin Courage and Lars Haue-Pedersen (both directors of the Company) were each to receive 4,000,000 new ordinary
shares of 0.1p each in the share capital of the Company (the "Second Consideration Shares") on the first anniversary of admission. 

    Accordingly the Second Consideration Shares have today been allotted to each of Robin Courage and Lars Haue-Pedersen. Following the
issue of the Second Consideration Shares, the interests of Robin Courage and Lars Haue-Pedersen are as follows:

 Director               Current holding of  Second Consideration   Holding of Ordinary         Percentage of
                           Ordinary Shares               Shares      Shares and Second     Enlarged Ordinary
                                                                  Consideration Shares       Share Capital  

 Robin Courage                 10,000,000             4,000,000            14,000,000         1.73 per cent.
 Lars Haue-Pedersen            10,000,000             4,000,000            14,000,000         1.73 per cent.

    Application will be made therefore for a total of 8,000,000 new Ordinary Shares to be admitted to trading on AIM, which will rank pari
passu with the existing Ordinary Shares. Trading in the new Ordinary Shares on AIM is expected to commence on or around 9 October 2008. The
enlarged issued share capital of the Company will amount to 809,600,000 Ordinary Shares.

    Enquiries:
    TSE Group plc                                
    Paul Foulger                                     Tel: 0207 245 1100
    Beaumont Cornish Limited                    
    Michael Cornish                                Tel: 0207 628 3396
Roland Cornish



This information is provided by RNS
The company news service from the London Stock Exchange
 
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