Tandem Group (TND)

Sector:

Leisure Products

Index:

FTSE AIM All-Share

 167.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 238.00
  • 52 Week Low: 115.00
  • Currency: UK Pounds
  • Shares Issued: 5.47m
  • Volume: 2,547
  • Market Cap: £9.17m
  • RiskGrade: 205
  • Beta: 0.31

Tandem Group inks exclusive UK distribution deal with VanMoof

By Iain Gilbert

Date: Friday 20 Sep 2024

LONDON (ShareCast) - (Sharecast News) - Leisure and mobility equipment retailer Tandem Group said on Friday that it has entered into an agreement to be the exclusive distribution and sales partner for VanMoof in the UK.
Tandem expects the first batch of VanMoof's e-bikes to arrive within the week and, after a period of onboarding and training, will start selling its S5 and A5 models later in the fourth quarter.

The AIM-listed group noted that VanMoof, which was acquired by McLaren Applied last year, will be sold alongside its existing brands, including Dawes, Claud Butler, Elswick, Falcon, Pure and Squish.

Chief executive Peter Kimberley said: "We are thrilled to have established an exclusive partnership with VanMoof. Their team is incredibly passionate and talented, and their ambitious vision for UK growth aligns perfectly with our wider strategy of offering our dealer network the finest e-bike brands. The technology and innovation behind these award-winning bikes are truly impressive, and we're excited to introduce the full range to our dealers in the coming weeks."

As of 0910 BST, Tandem shares were down 5.63% at 151.0p.













Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tandem Group Market Data

Currency UK Pounds
Share Price 167.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 238.00
52 Week Low 115.00
Volume 2,547
Shares Issued 5.47m
Market Cap £9.17m
Beta 0.31
RiskGrade 205

Tandem Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.01% below the market average18.01% below the market average18.01% below the market average18.01% below the market average18.01% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
8.07% below the market average8.07% below the market average8.07% below the market average8.07% below the market average8.07% below the market average
Sector averageSector averageSector averageSector averageSector average
Income Not Available
Growth
96.81% below the market average96.81% below the market average96.81% below the market average96.81% below the market average96.81% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

Tandem Group Dividends

  Latest Previous
  Final Interim
Ex-Div 11-May-23 06-Oct-22
Paid 06-Jul-23 15-Nov-22
Amount 6.57p 3.43p

Trades for 21-Nov-2024

Time Volume / Share Price
15:22 2,533 @ 163.75p
11:35 14 @ 175.00p

Tandem Group Key Personnel

CEO Peter Kimberley
CFO Gurvinder Kaur

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