Cardiff Property PLC Transaction in Own Shares (4571K)

TIDMCDFF

RNS Number : 4571K

Cardiff Property PLC

02 September 2021

RNS ANNOUNCEMENT

For Immediate Release

2 September 2021

LEI: 213800GE3FA4C52C1N05

The Cardiff Property plc ("the company")

Purchase of own shares

On 31 August 2021, the Company purchased 250 of its own ordinary shares of 20 pence each ("Shares") at a price of GBP19.00 per share and on 1 September 2021 purchased 13,000 of its own shares at a price of GBP19.30 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 49.52% 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 General Meeting held on 14 January 2021, 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 1,133,486. Therefore, the total number of voting rights in the Company is 1,133,486 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 and Transparency Rules.

For further information:

   The Cardiff Property plc                     Richard Wollenberg                01784 437444

Shore Capital Patrick Castle 0207 408 4050

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September 02, 2021 02:00 ET (06:00 GMT)

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