13 November 2015

Telford Homes Plc (AIM:TEF), the London focused residential property developer is pleased to announce that at the general meeting of the Company held earlier today, all resolutions put to shareholders were duly passed. As a result, the placing of 13,888,889 new ordinary shares of 10 pence each ("Placing Shares") to raise £50.0 million for the Company, before expenses, announced on 27 October 2015, has now completed subject to admission of the Placing Shares to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 a.m. on 16 November 2015.

Following Admission, the Company's issued share capital will consist of 74,563,661 ordinary shares of 10 pence each, all with voting rights. The total number of current voting rights in the Company will therefore be 74,563,661. This figure (74,563,661) may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company.

For Further information:

Telford Homes Plc  

Jon Di-Stefano, Chief Executive

Kate Rogers, Financial Director

Tel: +44 (0) 1992 809 800


Shore Capital - Nomad, Joint Bookrunner and Joint Broker  
Pascal Keane / Patrick Castle Tel: +44 (0) 20 7408 4090
Peel Hunt LLP - Joint Bookrunner and Joint Broker  
Charles Batten / Hugh Preston / Jack Maxwell MacDonald  Tel: +44 (0) 20 7418 8900
Media enquiries:  
Quincy Allan / Alex Shaw Tel: +44 (0) 20 7398 7710
quincy.allan@abchurch-group.com www.abchurch-group.com