Cardiff Property PLC
04 December 2007
The Cardiff Property plc ('the Company')
Purchase of own shares
4 December 2007
On 3 December 2007, the Company purchased 44,400 of its own ordinary shares of
20 pence each ('Shares') at a price of £7.50 per share. The Shares acquired are
to be cancelled.
Following this transaction, the unchanged holding of Mr J R Wollenberg and
members of his family ('the Concert Party') of 531,886 Shares, now represents
31.45% of the Company's issued Shares. Pursuant to the waivers granted by the
Takeover Panel and approved by shareholders (excluding the Concert Party) at the
Company's Extraordinary General Meeting held on 11 January 2007, 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 this transaction is
1,691,180. Therefore the total number of voting rights in the Company is
1,691,180 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 FSA's
Disclosure and Transparency Rules.
For further information:
The Cardiff Property plc Richard Wollenberg 01784 437444
Arbuthnot Securities Richard Wood 020 7012 2000
END
This information is provided by RNS
The company news service from the London Stock Exchange
BK
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.