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Transaction in Own Shares, TVR & Director Dealing

28 Sep 2012 10:03

RNS Number : 4332N
Arden Partners plc
28 September 2012
 



Arden Partners plc ("Arden" or the "Company")

 

Transaction in Own Shares, Total Voting Rights and Director's Dealing

 

 

Transaction in Own Shares

 

Arden announces that on 27 September 2012 it purchased 1,438,938 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 43.5 pence per Ordinary Share. These Ordinary Shares will be held in treasury.

 

 

Total Voting Rights

 

Following the above purchase, Arden's issued Ordinary Share capital comprises 25,005,594 Ordinary Shares, of which 1,438,938 Ordinary Shares are now held in treasury, leaving a balance of 23,566,656 Ordinary Shares with voting rights.

 

The above figure (23,566,656 Ordinary Shares) 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 Arden under the FSA's disclosure and Transparency rules.

 

 

Directors' Dealings

 

Arden has also been notified that on 27 September 2012 Trevor Norris, Group Finance Director and Company Secretary, sold 120,000 Ordinary Shares at a price of 43.5 pence per Ordinary Share.

 

Following this transaction Trevor Norris has a beneficial interest in 559,600 Ordinary Shares, representing approximately 2.38 per cent of the Company's issued Ordinary Share capital.

 

In addition, on 27 September 2012 Jonathan Keeling, the Company's Chief Executive Officer, transferred 45,000 Ordinary Shares, into his SIPP, of which he is the sole beneficiary, at a price of 43.5 pence per Ordinary Share.

 

Following this transaction Jonathan Keeling retains a beneficial interest in 1,515,391 Ordinary Shares representing approximately 6.43 per cent of the Company's issued Ordinary Share capital.

 

 

 

Enquiries:

Arden Partners plc

0121 423 8990

Steve Wassell - Chief Operating Officer

Altium

020 7484 4040

Sam Fuller

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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