12th Jan 2007 07:00
Cardiff Property PLC11 January 2007 FOR IMMEDIATE RELEASE 11 JANUARY 2007 The Cardiff Property Plc ("Cardiff" or the "Companay" The group, including Campmoss, specialises in property investment anddevelopment in the Thames Valley. The portfolio, valued in excess of £34m, 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 392,249 votes for; 82 votes against; and nil abstentions. Accordingly, Mr J R Wollenberg and persons deemed to be acting in concert withhim under the City Code as a result of market purchases by the Company of up to260,987 Ordinary Shares in the capital of the Company pursuant to the authoritygranted at the Company's AGM also held today, may increase their aggregateinterest to 35.9 per cent of the voting rights of the Company and 37.17 per centof the voting rights of the Company if J R Wollenberg exercised options over30,000 Ordinary Shares previously granted between 16 March 1999 and 14 January2003. The Concert Party currently holds 531,298 Ordinary Shares and if theoptions are exercised will hold 561,298 Ordinary Shares. 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