REG - First Property Group - Share purchase by Associate

First PropertyAnnouncement

03/07/2025 11:15

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RNS Number : 6358P  First Property Group PLC  03 July 2025

 

 

 Date:          3 July 2025
 On behalf of:  First Property Group plc ("First Property", the "Company" or the "Group")
 Embargoed:     Immediate Release

 

First Property Group plc

Share purchase by Associate

 

First Property Group plc (AIM: FPO), the property fund manager and investor,
announces that its Associate, Fprop Phoenix Limited ("PHO"), in which the
Group has a 23.78% shareholding, has purchased, on 2 July 2025, 100,000
ordinary shares in the Company (the "Ordinary Shares") at a price of 15.00
pence per Ordinary Share.

 

Following this purchase PHO's beneficial interest in the share capital of the
Company is 100,000 Ordinary Shares, equivalent to approximately 0.07% 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
eleven 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. These investments currently comprise five directly held properties in
Poland, one in Romania, and non-controlling interests in nine of the eleven
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                                                                      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)
                                                                                15.00p    100,000

Purchase
 d)   Aggregated information (if any)

      - Aggregated volume                                                       100,000

      - Price                                                                   15.00p
 e)   Date of transaction                                                       2 July 2025
 f)   Place of the transaction                                                  London Stock Exchange

 

 Price(s)  Volume(s)
 15.00p    100,000

d)

 

Aggregated information (if any)

 

- Aggregated volume

 

- Price

 

 

100,000

 

15.00p

e)

Date of transaction

2 July 2025

f)

Place of the transaction

London Stock Exchange

 

 

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