Tandem Acquires Dawes Cycles

UK (June 26)-Tandem has announced the acquisition of the business of Dawes Cycles (Dawes) for an initial consideration of EUR380, 000 payable by the issue of 4,200,000 Tandem ordinary shares. Application will be made to admit these shares to AIM. Admission is expected to take place on July 2nd, 2001. Recipients of these shares have