Cardiff Property PLC
11 December 2007
The Cardiff Property plc ('the Company')
Purchase of own shares
11 December 2007
On 10 December 2007, the Company purchased 2,500 of its own ordinary shares of
20 pence each ('Shares') at a price of £7.45 per share. The Shares acquired are
to be cancelled.
Following this transaction, the unchanged holding of Mr J R Wollenberg and
members of his family ('the Concert Party') of 531,886 Shares, now represents
31.50% of the Company's issued Shares. Pursuant to the waivers granted by the
Takeover Panel and approved by shareholders (excluding the Concert Party) at the
Company's Extraordinary General Meeting held on 11 January 2007, 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
1,688,680. Therefore the total number of voting rights in the Company is
1,688,680 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 FSA's
Disclosure and Transparency Rules.
For further information:
The Cardiff Property plc Richard Wollenberg 01784 437444
Arbuthnot Securities Richard Wood 020 7012 2000
END
This information is provided by RNS
The company news service from the London Stock Exchange