Cardiff Property PLC Purchase of own shares (1985S)
March 07 2019 - 5:48AM
UK Regulatory
TIDMCDFF
RNS Number : 1985S
Cardiff Property PLC
07 March 2019
7 March 2019
LEI: 213800GE3FA4C52C1N05
The Cardiff Property plc ("the company")
Purchase of own shares
On 6 March 2019, the Company purchased 850 of its own ordinary
shares of 20 pence each ("Shares") at a price of GBP17.60 per share
and 3,000 of its own Shares at GBP17.70 per share. The purchased
Shares will be cancelled.
Following this transaction, the unchanged holding of Mr J R
Wollenberg and members of his family ("the Concert Party") of
561,298 Shares, now represents 45.02% of the Company's issued share
capital. Pursuant to the waiver granted by the Takeover Panel and
approved by Shareholders (excluding the Concert Party) at the
Company's Extraordinary General Meeting held on 17 January 2019,
there is no obligation on the Concert Party to make an offer under
Rule 9 or Rule 37 of the City Code on Takeovers and Mergers.
The number of shares with voting rights in issue following these
transactions is 1,246,822. Therefore the total number of voting
rights in the Company is 1,246,822 which number may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the Company under the FCA's
Disclosure Guidance and Transparency Rules.
For further information;
The Cardiff Property plc Richard Wollenberg 01784 437444
Stockdale Securities Richard Johnson 020 7601 6100
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END
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