Result of Meeting

RNS Number : 8445X

Cardiff Property PLC

16 January 2014

 

THE CARDIFF PROPERTY PLC

(the "Company")

FOR IMMEDIATE RELEASE

16 JANUARY 2014

At the general meeting of the Company held today, the resolution placed before the meeting in respect of the renewal of approval of the waiver under Rule 9 of the City Code on Takeovers and Mergers ("City Code"), and taken on a poll was approved. The result of the poll was 404,958 votes for; 3,534 votes against; and zero withheld.

Accordingly, Mr J R Wollenberg and persons deemed to be acting in concert with him under the City Code ("Concert Party"), may, as a result of market purchases by the Company of up to 198,210 ordinary shares of 20 pence each in the capital of the Company ("Ordinary Shares"), pursuant to the authority granted at the Company's AGM also held today, increase their aggregate interest to 49.93 per cent. of the voting rights of the Company. The Concert Party currently holds 561,298 Ordinary Shares, representing approximately 42.45 per cent. of the current issued share capital of the Company.

For further information:

The Cardiff Property plc                       Richard Wollenberg                                    01784  437444

Beaumont Cornish Ltd                          Roland Cornish / Emily Staples                   020 7628 3396

 

END

 

 

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