REG - First Property Group - Director/PDMR Shareholding

First PropertyAnnouncement

26/09/2024 11:00

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RNS Number : 8250F  First Property Group PLC  26 September 2024

 Date:          26 September 2024
 On behalf of:  First Property Group plc ("First Property", the "Company" or the "Group")
 Embargoed:     Immediate release

 

 

First Property Group plc

 

Director / PDMR Dealing

 

First Property Group plc (AIM: FPO), the property fund manager and investor
with operations in the United Kingdom and Central Europe, announces that,
further to the announcements of 3 September and 18 September 2024 regarding
the Group's open offer (the "Announcements"), a Qualifying Shareholder (as
defined in the Announcements) has failed to make payment of £64,000 for their
Open Offer Entitlement (which they applied for) of 800,000 Open Offer Shares.
As a result, these Open Offer Shares have been acquired by Ben Habib pursuant
to the Underwriting Agreement (further details of which are set out in the
Announcements) at 8 pence per Open Offer Share (being the issue price of the
Open Offer Shares).

 

As a result of this acquisition, the table below sets out Ben Habib's
interests in Ordinary Shares of the Group.

 

 Director/PDMR  Number of existing Ordinary Shares  % of the Share Capital  Number of Ordinary Shares following the purchase  % of the Share Capital
 Ben Habib      23,064,357                          15.60%                  23,864,357                                        16.14%

 

 

The notifications below, made in accordance with the requirements of the EU
Market Abuse Regulation (2014/596/EU) as it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act 2018 and as
modified by or under the European Union (Withdrawal) Act 2018 or other
domestic law, provide further detail.

 

Any defined terms used take the meaning given to them in the Announcements,
unless otherwise defined.

 

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

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

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated

 a)  Name                                                         1.    Benyamin Habib

 2   Reason for the notification

 a)  Position/status                                              1.    Chief Executive Officer

 b)  Initial notification/Amendment                               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 1p each
     Identification code                                          GB0004109889
 b)  Nature of the transaction                                    Acquisition of Ordinary Shares pursuant to the underwriting of an open offer

 c)  Price(s) and volumes(s)                                      Price(s)                                 Volume(s)

     1.     8 pence                                                                                        1.     800,000

 d)  Aggregated information                                       N/A

     Aggregated volume                                            N/A

     Price                                                        N/A

 e)  Date of the transaction                                      26 September 2024

 f)  Place of the transaction                                     Outside of a trading venue

 

 

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