Cardiff Property PLC Transaction in Own Shares (4182H)
March 24 2020 - 11:00AM
UK Regulatory
TIDMCDFF
RNS Number : 4182H
Cardiff Property PLC
24 March 2020
RNS ANNOUNCEMENT
24 March 2020
LEI: 213800GE3FA4C52C1N05
The Cardiff Property plc ("the company")
Purchase of own shares
On 23 March 2020, the Company purchased 3,000 of its own
ordinary shares of 20 pence each ("Shares") at a price of GBP16.30
per share and on the 24 March 2020 purchased 3,641 ordinary shares
at GBP16.50 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 45.94% 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 16 January 2020,
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 1,221,843 Therefore the total number of voting
rights in the Company is 1,221,843 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
Shore Capital Patrick Castle 0207 408 4050
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END
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