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) Laura James (Group Finance Director) Jeremy Barkes (Director, Business Development) Jill Aubrey (Director, Compliance & Company Secretary)
investor.relations@fprop.com
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. To receive RNS alerts by email please subscribe here.
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 Identification code
Ordinary Shares of 1 penny GB0004109889
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Purchase
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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHMZGGNGFZGKZM
