REG - First Property Group - Notification of holding in Company

First PropertyAnnouncement

17/02/2022 07:00

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RNS Number : 9323B  First Property Group PLC  17 February 2022

 Date:          17 February 2022
 On behalf of:  First Property Group plc ("First Property", "the Company" or the "Group")
 Embargoed:     0700hrs

 

First Property Group plc

Notification of holding in Company

 

The Company has been informed that Quaero Capital Funds no longer hold a
notifiable interest in the Company's share capital.

 

-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 (Company Secretary)

 Arden Partners (NOMAD & Broker)                     Tel: + 44 (20) 7614 5900
 John Llewellyn-Lloyd (Director, Corporate Finance)

 Antonio Bossi (Director, Corporate Finance)

 SEC Newgate (PR)                                    Tel:+ 44 (20) 3757 6880
 Robin Tozer / Richard Bicknell / Isabelle Smurfit   firstproperty@secnewgate.co.uk (mailto:firstproperty@secnewgate.co.uk)

 

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. Around one
third of the shares in the Company are owned by management and their families.

 

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 thirteen 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 include seven directly held properties in Poland and Romania, and
interests in eleven of the thirteen funds managed by FPAM.

 

Listed on AIM the Company has offices in London, Warsaw and Bucharest. Further
information about the Company and its products can be found at: www.fprop.com
(http://www.fprop.com) .

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