REG - First Property Group - Director/PDMR Shareholding

First PropertyAnnouncement

18/09/2024 07:00

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RNS Number : 5885E  First Property Group PLC  18 September 2024

 Date:          18 September 2024
 On behalf of:  First Property Group plc ("First Property", the "Company" or the "Group")
 Embargoed      07:00 hours

 

First Property Group plc

PDMR shareholding

 

First Property Group plc (AIM: FPO), the award winning property fund manager
and investor with operations in the UK and Central Europe, was notified on 17
September 2024 that Jeremy Barkes, a  person discharging managerial
responsibilities (PDMR), has sold 35,800 ordinary shares (the "Ordinary
shares") at 13.00p and 60,000 Ordinary Shares at 13.05p in order to part fund
the take up of his full entitlement in the Open Offer as announced by the
Company on the 3 September 2024.

 

Following these sales, Jeremy Barkes' beneficial interest in the share capital
of the Company is 1,487,806 Ordinary Shares, equivalent to approximately 1.35%
of the Company's total issued share capital.

 

 

ENDS

 

For further information please contact:

 

 First Property Group plc                                      Tel: +44 (20) 7340 0270
 Ben Habib (Chief Executive Officer)                           investor.relations@fprop.com (mailto:investor.relations@fprop.com)

 Laura James (Group Finance Director)

 Jeremy Barkes (Director, Business Development)

 Jill Aubrey (Director, Compliance & Company Secretary)

 Allenby Capital (NOMAD & Broker)                              Tel: + 44 (20) 3328 5656
 Nick Naylor/ Daniel Dearden-Williams (Corporate Finance)

 Amrit Nahal / Tony Quirke (Sales and Corporate Broking))

 

Notes to Investors and Editors:

 

First Property Group plc is a 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. 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                                                                      Jeremy Barkes
 2    Reason for the notification
 a)   Position/status                                                           PDMR
 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                                                 Transfer of Ordinary Shares
 c)   Price(s) and volume(s)

Price(s)  Volume(s)
                                                                                13.00p    35,800

Sold                                                                     13.05p    60,000

 
 d)   Aggregated information (if any)

      - Aggregated volume                                                       95,800

      - Price                                                                   13.02p
 e)   Date of transaction                                                       17 September 2024
 f)   Place of the transaction                                                  London Stock Exchange

 

 Price(s)  Volume(s)
 13.00p    35,800
 13.05p    60,000

 

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

95,800

 

13.02p

e)

Date of transaction

17 September 2024

f)

Place of the transaction

London Stock Exchange

 

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