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DJ Capital for Colleagues plc Investment in TG Engineering Limited

Capital for Colleagues plc / EPIC: CFCP / Market: NEX / Sector: Investment 
15 March 2018 
                          CAPITAL FOR COLLEAGUES PLC 
                  ('Capital for Colleagues' or the 'Company') 
Capital for Colleagues, the investment vehicle focused on opportunities in the 
Employee Owned Business ('EOB') sector, is pleased to announce that the Company 
has invested GBP 600,000 in a new portfolio company, TG Engineering Limited 
TGE, which operates from a 20,000 sq. ft factory in Ferndown, near Poole in 
Dorset, manufactures precision machined, extremely high tolerance, steel and 
aluminium components for use in the aerospace and scientific industries. 
As part of a corporate re-structuring, Capital for Colleagues has made a loan 
of GBP 600,000 (the 'TGE Loan') to a company into which the business and assets 
of TGE are being transferred. On completion of the re-structuring, Capital for 
Colleagues will have a 35% interest in TGE, with the remaining shares held by 
the founders and managers of TGE (45%) and a newly established Employee Share 
Ownership Trust (20%). 
The proceeds of the TGE Loan will be used to pay down existing debt within TGE 
and for general working capital purposes. 
The Company's joint venture, Castlefield Corporate Advisory Partners, was 
responsible for identifying the acquisition, advising Capital for Colleagues on 
the terms of its participation and managing the transaction to completion. 
The Directors of the Company are responsible for the contents of this 
For further information, please visit or 
CAPITAL FOR COLLEAGUES PLC                               0161 464 3260 
Richard Bailey, Chairman 
John Eckersley, Chief Executive 
PETERHOUSE CORPORATE FINANCE LIMITED                     020 7469 0930 
Mark Anwyl 
Duncan Vasey 
Capital for Colleagues 
Capital for Colleagues is an investment company focused on the UK EOB sector. 
The Company has a proven management team, with a wide network of contacts and 
affiliates, as well as established access to investment opportunities, enabling 
the Company to execute its strategy and capitalise on EOB-focused investment 
The Company's joint venture, Castlefield Corporate Advisory Partners, educates 
and assists companies which are looking to launch employee ownership schemes, 
advising them, amongst other things, on how to secure investment and achieve 
their objectives. 
Market Abuse Regulation (MAR) Disclosure 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulation 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 

(END) Dow Jones Newswires

March 15, 2018 09:38 ET (13:38 GMT)