Date: |
14 September 2012 |
On behalf of: |
First Property Group plc ("First Property", "the Company" or the "Group") |
Embargoed for: |
Immediate Release |
First Property Group plc
Result of AGM
First Property Group plc (AIM: FPO), the commercial property fund management group, announces that all resolutions proposed at the Company's Annual General Meeting held today were duly passed.
-Ends-
For further information please contact:
First Property Group plc |
Tel: 020 7340 0270 |
Ben Habib (Group Chief Executive & FPAM Chief Investment Officer) |
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Jeremy Barkes (Director, Business Development)
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Arden Partners |
Tel: 020 7614 5900 |
Chris Hardie (Director Corporate Finance ) |
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Redleaf Polhill |
Tel: 020 7566 6750 |
George Parrett |
Notes to investors and editors:
First Property Group plc is a commercial property fund manager with operations in the United Kingdom and Central Europe. The Group's investment performance is ranked No.1 versus Investment Property Databank's (IPD) CEE universe over the three, four, five and six years to 31 December 2008, 2009, 2010 and 2011.
The business model of First Property Group is to:
· Raise third party funds to invest in income producing commercial property;
· Co-invest in these funds;
· Earn fees for the management of these funds. Fees earned are a function of the value of assets under management as well as the performance of the funds;
· Earn a return on its own capital invested in these funds.
First Property Asset Management Limited is authorised and regulated by the Financial Services Authority. Further information about the Company and its products can be found at: www.fprop.com.