10th Jan 2008 14:49
Cardiff Property PLC10 January 2008 FOR IMMEDIATE RELEASE 10 JANUARY 2008 The Cardiff Property Plc ("Cardiff" or the "Company") The group, including Campmoss, specialises in property investment anddevelopment in the Thames Valley. The portfolio, valued in excess of £35m, isprimarily located to the west of London, close to Heathrow Airport and in Surreyand Berkshire. Extraordinary General Meeting At an extraordinary general meeting of the company held today, the resolutionplaced before the meeting in respect of the renewal of approval of waiver underRule 9 of the City Code on Takeovers and Mergers was approved. The result of thepoll was 498,303 votes for; 5,448 votes against; and 36,925 abstentions. Accordingly, Mr J R Wollenberg and persons deemed to be acting in concert withhim under the City Code (the "Concert Party"), may, as a result of marketpurchases by the Company of up to 260,163 Ordinary Shares in the capital of theCompany pursuant to the authority granted at the Company's AGM also held today,increase their aggregate interest to 36.05 per cent of the voting rights of theCompany and 37.33 per cent of the voting rights of the Company if J R Wollenbergexercised options over 30,000 Ordinary Shares previously granted between 16March 1999 and 14 January 2003. The Concert Party currently holds 531,886Ordinary Shares and if the options are exercised will hold 561,886 OrdinaryShares. For further information: +-------------------------+-------------------------+-------------------------+|The Cardiff Property plc |Richard Wollenberg |01784 437444 |+-------------------------+-------------------------+-------------------------+| | | |+-------------------------+-------------------------+-------------------------+|Beaumont Cornish |Roland Cornish |020 7638 3396 |+-------------------------+-------------------------+-------------------------+ This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Cardiff Property