Transaction in Own Shares

RNS Number : 8241L

Cardiff Property PLC

10 September 2019

 

10 September 2019

LEI: 213800GE3FA4C52C1N05

The Cardiff Property plc ("the Company")

Purchase of own shares

On 9 September 2019, the Company purchased 1,000 of its own ordinary shares of 20 pence each ("Shares") at a price of £17.05p per share. The 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 45.26% 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 1,240,205.   Therefore the total number of voting rights in the Company is 1,240,205 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

Shore Capital                                        Richard Johnson                      020 7408 4050

 

END

 

 

POSKBLBFKKFZBBX