REG - First Property Group - Director/PDMR Shareholding

First PropertyAnnouncement

20/09/2023 09:45

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RNS Number : 0659N  First Property Group PLC  20 September 2023

 Date:          20 September 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 19 September 2023, Mr Ben Habib, Group Chief
Executive Officer, had purchased 10,000 ordinary shares in the Company (the
"Ordinary Shares") at a price of 17.90 pence per Ordinary Share. Following
this transaction, Ben Habib's beneficial interest in the Company has increased
to 15,030,000 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)
                                                                                17.90p    10,000

 
 d)   Aggregated information (if any)

      - Aggregated volume

      - Price                                                                   N/A
 e)   Date of transaction                                                       19 September 2023
 f)   Place of the transaction                                                  London Stock Exchange

 

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

 

 

N/A

e)

Date of transaction

19 September 2023

f)

Place of the transaction

London Stock Exchange

 

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