TIDMARDN

RNS Number : 1005Y

Arden Partners plc

04 September 2020

Share purchase by Employee Benefit Trust

Arden Partners plc (LSE: ARDN) has been notified by the trustees of the Arden Partners Employee Benefit Trust Limited (the "EBT") that, on 3 September 2020, the EBT purchased 125,000 ordinary shares of 10 pence each (the "Ordinary Shares") in the Company, at a price of 9.0 pence per Ordinary Share.

Following this purchase, the EBT holds 1,195,000 Ordinary Shares, representing approximately 4.11 per cent of the Company's issued Ordinary Share capital.

Enquiries:

 
Arden Partners plc   0207 614 5900 
Steve Douglas 
 
  GCA Altium                             020 7484 4040 
Tim Richardson 
 

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the underlying                       Arden Partners plc 
  issuer of existing shares to which voting 
  rights are attached (ii) : 
                                               ----------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                            -------------- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                       x 
                                                                                            -------------- 
 An acquisition or disposal of financial instruments 
                                                                                            -------------- 
 An event changing the breakdown of voting rights 
                                                                                            -------------- 
 Other (please specify)(iii) : 
                                                                                            -------------- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                           Arden Partners Employee Benefit 
                                                 Trust Limited 
 City and country of registered office          Birmingham, England 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
                                               ----------------------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                               ----------------------------------------------------------- 
 5. Date on which the threshold was             3 September 2020 
  crossed or reached (vi) : 
                                               ----------------------------------------------------------- 
 6. Date on which issuer notified               4 September 2020 
 (DD/MM/YYYY): 
                                               ----------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                          % of voting            % of voting rights       Total of both      Total number 
                        rights attached          through financial         in % (8.A +        of voting 
                       to shares (total             instruments               8.B)            rights of 
                           of 8. A)                (total of 8.B                              issuer (vii) 
                                                     1 + 8.B 2) 
                 ----------------------------  ---------------------  --------------------  -------------- 
 Resulting 
  situation 
  on the date 
  on 
  which 
  threshold 
  was crossed 
  or 
  reached         4.11%                                                4.11%                 29,074,211 
                 ----------------------------  ---------------------  --------------------  -------------- 
 Position of      n/a                                                  n/a 
 previous 
 notification 
 (if 
 applicable) 
                 ----------------------------  ---------------------  --------------------  -------------- 
  8. Notified details of the resulting situation on the date on which the 
   threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of    Number of voting rights                              % of voting rights 
 shares            (ix) 
 ISIN code (if 
 possible) 
                            Direct                    Indirect               Direct            Indirect 
                      (Art 9 of Directive       (Art 10 of Directive   (Art 9 of Directive     (Art 10 of 
                          2004/109/EC)              2004/109/EC)          2004/109/EC)         Directive 
                            (DTR5.1)                 (DTR5.2.1)             (DTR5.1)          2004/109/EC) 
                                                                                               (DTR5.2.1) 
                                               --------------------- 
 10p Ord Shares   1,195,000                                            4.11% 
                 ----------------------------  ---------------------  --------------------  -------------- 
 
 
 SUBTOTAL 8. A 
                 ---------------------------------------------------  ------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of          Expiration   Exercise/        Number of voting                             % of voting 
  financial        date        Conversion        rights that may                              rights 
  instrument       (x)         Period            be acquired if 
                               (xi)              the instrument 
                                                 is 
                                                 exercised/converted. 
                 -----------  ---------------  -------------------------------------------  -------------- 
 
 
 
                               SUBTOTAL 8. B 
                               1 
                              ---------------  -------------------------------------------  -------------- 
 
 B 2: Financial Instruments with similar economic effect according to Art. 
  13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of          Expiration   Exercise/        Physical or            Number of             % of voting 
  financial       date (x)      Conversion       cash                   voting rights         rights 
  instrument                    Period (xi)      settlement 
                                                 (xii) 
                 -----------  ---------------  ---------------------  -------------------- 
 
 
 
                                                SUBTOTAL 8.B.2 
                                               ---------------------  -------------------- 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled by                                x 
  any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the (underlying) 
  issuer (xiii) 
 Full chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (xiv) (please add additional 
  rows as necessary) 
 
   Name (xv)          % of voting rights         % of voting rights             Total of both if 
                        if it equals or           through financial              it equals or is 
                       is higher than the         instruments if it              higher than the 
                      notifiable threshold       equals or is higher           notifiable threshold 
                                                 than the notifiable 
                                                      threshold 
                 ----------------------------  ---------------------  ------------------------------------ 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                       N/a 
                                               ----------------------------------------------------------- 
 The number and % of voting rights held         N/a 
                                               ----------------------------------------------------------- 
 The date until which the voting rights         N/a 
  will be held 
                                               ----------------------------------------------------------- 
 
 11. Additional information (xvi) 
 
 
 
 
 Place of completion   5 George Road, Edgbaston, Birmingham B15 1NP 
 Date of completion    4 September 2020 
                      --------------------------------------------- 
 

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END

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(END) Dow Jones Newswires

September 04, 2020 06:57 ET (10:57 GMT)

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