Cardiff Property PLC Transaction in Own Shares (0251U)

TIDMCDFF

RNS Number : 0251U

Cardiff Property PLC

26 March 2019

26 March 2019

LEI: 213800GE3FA4C52C1N05

The Cardiff Property plc ("the company")

Purchase of own shares

On 25 March 2019, the Company purchased 1000 of its own ordinary shares of 20 pence each ("Shares") at a price of GBP17.70 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 45.05% 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 17 January 2019, 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 these transactions is 1,245,822. Therefore the total number of voting rights in the Company is 1,245,822 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 Guidance and Transparency Rules.

For further information;

The Cardiff Property plc Richard Wollenberg 01784 437444

Stockdale Securities Richard Johnson 020 7601 6100

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

POSKQLBLKXFZBBK

(END) Dow Jones Newswires

March 26, 2019 05:51 ET (09:51 GMT)