AGM Statement

RNS Number : 9019Z

First Property Group PLC

23 September 2020

 

Date:	23 September 2020
On behalf of:	First Property Group plc ("First Property", "the Company" or the "Group")
Embargoed:	Immediate Release

First Property Group plc

AGM Statement

First Property Group plc (AIM: FPO), the property fund manager and investor with operations in the United Kingdom and Central Europe, is pleased to announce that all resolutions proposed at the Company's Annual General Meeting held earlier today were duly passed.

-Ends-

For further information please contact:

First Property Group plc	Tel: [phone]
Ben Habib (Chief Executive Officer) Laura James (Interim Finance Director) Jeremy Barkes (Director, Business Development) Jill Aubrey (Director, Company Secretary)	www.fprop.com [e-mail]
Arden Partners (NOMAD & Broker)	Tel: + 44 (20) 7614 5900
John Llewellyn-Lloyd Ben Cryer
Newgate Communications (PR)	Tel: [phone]
Robin Tozer / Tom Carnegie / Isabelle Smurfit	[e-mail]

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.

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 eight wholly owned properties in Poland and Romania and non-controlling interests in eight of the twelve funds managed by FPAM.

Listed on AIM the Company has offices in London, Warsaw and Bucharest. Around one third of the shares in the Company are owned by management and their families. Further information about the Company and its products can be found at: www.fprop.com .

 

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