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TP Group – boardroom changes update, “additional capital” to follow?

Previously writing on engineering and consulting group TP (TPG), last month with the shares at 5.65p I concluded including suggesting many still do not see it as well placed and that it is likely still up against it for the 1st October-scheduled General Meeting. That was with General Meeting requisitioner and largest shareholder Science Group (SAG) seeking to replace Andrew McCree and Jeremy Warner-Allen as directors with Science Group Chairman Martyn Ratcliffe and non-executive director Peter Bertram. Following the General Meeting, there’s now a further update from Science Group.

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