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30 Apr 2009 16:05
Arden Partners plc ("Arden" or the "Company")
Additional Listing and EBT Purchase
The Company announces that it has applied for the admission to trading on AIM ("Admission") of 100,000 new ordinary shares of 10 pence each in the capital of the Company, following the exercise of options in the Company.
The new ordinary shares will rank pari passu in all respects with the Company's existing ordinary shares. It is expected that Admission of the new ordinary shares will become effective on or around 7 May 2009.
In accordance with the transitional provisions of the Disclosure and Transparency Rules, Arden confirms that its issued share capital comprises 24,801,872 ordinary shares of 10 pence each.
All of the ordinary shares have equal voting rights, and none of the ordinary shares is held in treasury. The total number of voting rights in the Company is therefore 24,801,872.
This figure 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 to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.
In addition, the Company was notified by the trustees of Arden Partners Employee Benefit Trust Limited (the "Trust") that the Trust yesterday purchased 102,000 ordinary shares at a price of 65.0 pence per ordinary share. As a result, the holding of the Trust in the Company is 471,600 ordinary shares, representing 1.9 per cent of the Company's issued ordinary shares.
Enquiries:
Arden Partners plc
Trevor Norris (Group Finance Director & Company Secretary) Tel: +44 (0) 121 423 8990
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