4th Dec 2007 11:44
Cardiff Property PLC04 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 of20 pence each ("Shares") at a price of £7.50 per share. The Shares acquired areto be cancelled. Following this transaction, the unchanged holding of Mr J R Wollenberg andmembers of his family ("the Concert Party") of 531,886 Shares, now represents31.45% of the Company's issued Shares. Pursuant to the waivers granted by theTakeover Panel and approved by shareholders (excluding the Concert Party) at theCompany's Extraordinary General Meeting held on 11 January 2007, there is noobligation on the Concert Party to make an offer under Rule 9 or Rule 37 of theCity Code on Takeovers and Mergers. The number of Shares with voting rights in issue following this transaction is1,691,180. Therefore the total number of voting rights in the Company is1,691,180 which number may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change in their interest in, the Company under the FSA'sDisclosure and Transparency Rules. For further information: The Cardiff Property plc Richard Wollenberg 01784 437444Arbuthnot Securities Richard Wood 020 7012 2000 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Cardiff Property