Cardiff Property PLC Transaction in Own Shares (1549O)
15 May 2018 - 10:05PM
UK Regulatory
TIDMCDFF
RNS Number : 1549O
Cardiff Property PLC
15 May 2018
15 May 2018
LEI: 213800GE3FA4C52C1N05
The Cardiff Property plc ("the company")
Purchase of own shares
On 14 May 2018, the Company purchased 1,000 of its own ordinary
shares of 20 pence each ("Shares") at a price of GBP18.25 per share
and on 15 May 2018 purchased 4,000 at GBP18.30 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 44.80% 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 18 January 2018,
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 1,252,772. Therefore the total number of voting
rights in the Company is 1,252,772 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 and Transparency Rules.
For further information;
The Cardiff Property plc Richard Wollenberg 01784 437444
Stockdale Securities Richard Johnson 020 7601 6100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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