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RNS Number : 8413K First Property Group PLC 30 August 2023
Date: 30 August 2023
On behalf of: First Property Group plc ("First Property", the "Company" or the "Group")
Embargoed Immediate Release
First Property Group plc
Director's shareholding
First Property Group plc (AIM: FPO), the property fund manager and investor,
was today notified that on 30 August 2023, Mr Ben Habib, Group Chief Executive
Officer, had purchased 10,000 ordinary shares in the Company (the "Ordinary
Shares") at a price of 19.50 pence per Ordinary Share. Following this
transaction, Ben Habib's beneficial interest in the Company has increased to
15,020,000 Ordinary Shares, representing 13.55 per cent of the total issued
share capital of the Company.
.-Ends-
For further information please contact:
First Property Group plc Tel: +44 (20) 7340 0270
Ben Habib (Chief Executive Officer) www.fprop.com (http://www.fprop.com)
Laura James (Group Finance Director) investor.relations@fprop.com (mailto:investor.relations@fprop.com)
Jeremy Barkes (Director, Business Development)
Jill Aubrey (Director, Compliance & Company Secretary)
Allenby Capital (NOMAD & Broker) Tel: + 44 (20) 3328 5656
Nick Naylor (Corporate Finance)
Daniel Dearden-Williams (Corporate Finance)
Amrit Nahal (Sales and Corporate Broking)
Notes to Investors and Editors:
First Property Group plc is an award-winning property fund manager and
investor with operations in the United Kingdom and Central Europe. Its focus
is on higher yielding commercial property with sustainable cash flows. The
Company is flexible and takes an active approach to asset management. Its
earnings are derived from:
· Fund management - via its FCA regulated and AIFMD approved
subsidiary, First Property Asset Management Ltd ("FPAM"), which earns fees
from investing for third parties in property. FPAM currently manages twelve
funds which are invested across the United Kingdom, Poland and Romania.
· Group properties - principal investments by the Group to earn a
return on its own capital, usually in partnership with third parties.
Investments comprise six directly held properties in Poland, one in Romania,
and non-controlling interests in nine of the twelve funds managed by FPAM.
Quoted on AIM, the Company has offices in London and Warsaw. Around one third
of the Company's shares are owned by management, directors and their families.
Further information about the Company and its properties can be found at:
www.fprop.com (http://www.fprop.com) . To receive RNS alerts by email please
subscribe here
(https://sirius.brighterir.com/public/fprop/news_alerts/email_alerts/register)
.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them:
a) Name Ben Habib
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Is this an initial notification or an amendment to a prior notification? Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name First Property Group plc
b) LEI 213800O4C71RSRQVHH77
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary Shares of 1 penny
Identification code
GB0004109889
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
19.50p 10,000
d) Aggregated information (if any)
- Aggregated volume
- Price N/A
e) Date of transaction 30 August 2023
f) Place of the transaction London Stock Exchange
d)
Aggregated information (if any)
- Aggregated volume
- Price
N/A
e)
Date of transaction
30 August 2023
f)
Place of the transaction
London Stock Exchange
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