Darwen Holdings admitted to AIM yesterday, Chairman Roy Stanley of Tanfield fame. See article in Shares mag. Going to corner the market in low emission "green" buses.

Darwen's Board believes that market demand for high quality, low emission public
service vehicles is growing. In response, Darwen is developing a line of low
emission buses, using diesel electric hybrid technology.

Darwen's Board comprises founder and Chairman, Roy Stanley, Chief Executive,
Andrew Brian, and Non-Executive Director, John Fickling.

"corner the market" ..... where have i heard that sort of nonsense before? ..... market is clearly impressed too if opening just 2 days ago was 80+ and now just 37

Well done Cynic for spotting the incorrect chart , Cenkos introduction at around 40p.

Aberneen vct, is a shareholder.

Has strong ORDER BOOK with GO AHEAD AND ARRIVA

Darwen Holdings PLC
25 February 2008

DARWEN HOLDINGS PLC

Admission to AIM and first day of dealings

Darwen Holdings plc ('Darwen' or the 'Company') is pleased to confirm the
admission of its ordinary shares to trading on the AIM market of the London
Stock Exchange today, under the ticker symbol, DHP. The number of shares in
issue following admission is 49,293,145.

THE REAL START. 25 FEB 2008.

OK CYNIC AND SKYHIGH, DICK HEADS.

Director's Shareholding


Darwen received notification on 26 February 2008 that, on 25 February 2008,
Justage Limited, a company in which John Fickling, Non-Executive Director of
Darwen, has an interest, acquired 134,000 ordinary shares of 1 pence each in
Darwen at 37.31 pence per share. Following this purchase Mr Fickling has an
interest in 884,000 shares, representing 1.79 per cent. of the issued share
capital of the Company.

thanks for your input xsteffx.

Darwen says there may be scope for some collaboration with Tanfield on smaller vehicles, but says double-deckers will at best be low-emission, rather than zero emission, with an emphasis in the next decade on cleaner diesel engines with hybrid power.

Darwen produced 170 buses last year but has increased production to a rate of about six units per week and hopes to make 10 a week by the end of this year, when the company is expected to make pre-tax profits of about 2.4m from sales of some 30m.

The company, which is backed by investors such as Aberdeen Asset Management and Barclays Capital, is not raising any new money in the float, which is being sponsored by Andy Stewart's Cenkos Securities.

Darwen Holdings, which makes buses for major British operators such as Arriva and FirstGroup.

Darwen Group builds a range of premium quality single and double-deck buses and coaches, combining state-of-the-art technology with the quality of traditional coach building.

We use the innovative alusuisse system, providing an extremely durable and strong construction and a proven track record in minimising repair and maintenance.

XSTEFFX - 27 Feb 2008 11:49 - 10 of 19
OK CYNIC AND SKYHIGH, DICK HEADS.


oh yes indeed .... fine, intelligent comment supported by unassailable logic (or should that be unsaleable?)..... clearly the mind of a Nobel Prize winner

Cynic dont be so tetchy perhaps you should have done your homework before posting thread 4?

God what about the BUS. LOVE you CYNIC, thanks HALIFAX.

the first part of the post stands ... the second part presumed, not unreasonably, that the chart was correct ... and still an unimpressive debut

THANKS for the input CYNIC. ONLY 3 days old.

Most of the floats start by dropping and then come back later (except for New Brit palm Oil) : incredible that one !

MARTIN GILBERT CEO of ADN. ADN HOLDS DHP.ALSO ON THE BOARD OF FGP.MUST BE something there.

??????????????????????????????????

Sorry CYNIC. But there you go man be as cool as you can.

However, the main focus in future will be the development of low-emission vehicles.

Darwen, which employs just over 250 people, produced 170 conventional buses and coaches last year.

Started on 25 Feb 2008 Market capitalisation of 18.48m at the price of 37.50p. No new money has been raised.

well what do you think.

Barclays Plc 5,442,821 1,959,416
R C Grieg Nominees Ltd 5,372,952 1,934,263
Aberdeen Asset Management Plcs Fund Management Operating Subsidiaries 4,402,845 1,585,024
Hargreave Hale Nominees Ltd 1,725,260 621,094

up 3p sofar today

Darwen to establish itself as a leading passenger vehicle assembly business and provider of low emission buses. 38p to buy.

Moving up 5m bus order announced today. One to watch if they develope all electric buses.

The orders are for a total of 38 buses
with a combined value of over 5,000,000. The buses are two new generation
designs of double deck open topped buses and single deck school buses. These
buses are all to be delivered within this financial year.

the ramp is coming.

now 47.5p to buy

when do I SELL.

Take profits at 99p.

Going well today ahead of TAN's results. Are you in yet Cynic,well up on listing price?

my lucky day

The Company notes the recent press speculation and confirms that is it
considering a transaction that would be considered a reverse takeover under the
AIM rules. Accordingly pursuant to Aim Rule 14 the Company's shares have been
suspended pending a further announcement.

Company's website: www.darwengroup.com

Roy Stanley proving to be a liability at the moment,sp floundering.

But maybe Roy has a cunning plan --

To be the one sacrificed at Tanfield. But as part of the deal he takes Tanfield's EV division with him and rolls it in with Darwen?

With TAN's price in the doldrums, he could buy Smith off them for a pittance. He then presents himself as local hero - saving the jobs of northern workers.

The operation of business surrounding TAN, its advisors and other hangers-on is to say the least "under scrutiny"- so there should be no attempt to muddy the water any more than they are . Without the EV division, TAN will have little value in the next few years, at least until the Access Business finds its feet and produces returns to investors. TAN without the EV would be like a boat without a hull. Shareholder need to be alert to this.

It might be seen as a dilution of his focus for RS to start-up a business in such a similar product; so some of the technology might be leaked, reducing TAN's ability to widen their product offering. Indeed it might be that it would have been better for him to have left his investment in TAN and seek separate funding for an additional Bus business; i.e. within TAN, where stewardship was needed.

If I was handling TAN, I'd attempt to put some claim on [DHP] - the Bus business, and ask the High Court to give me ownership. Albeit at their own purpose-built factory ( no point in wasting effort moving the business unless it became necessary, etc.).

For, it seems to me that shareholders at TAN have been short-changed, just at a time when Exec focus was desperately needed, following the Snorkel purchase. This would not be a "bid" it would be something else; that isn't often discussed.
Those that raised money to create [DHP] might be a little miffed, but cheaper to move sideways than attempt a big fight. The better-feeling and mutual strength this would create should more than compenasate. It would also remove any need for separate execs/advisors, when money needs to be conserved.

There is no place for RS - he's been found wanting.

DYOR
all IMHO etc.

NEW THREAD NOW, OPE.