Date: |
24 September 2014 |
On behalf of: |
First Property Group plc ("First Property", "the Company" or the "Group") |
Embargoed: |
Immediate Release |
First Property Group plc
Result of AGM
First Property Group plc (AIM: FPO), the commercial property fund management group, 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: 020 7340 0270 |
Ben Habib (Chief Executive & Chief Investment Officer) |
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George Digby (Group Finance Director) Jeremy Barkes (Director, Business Development)
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Arden Partners |
Tel: 020 7614 5900 |
Chris Hardie (Director, Corporate Finance) Katelin Kennish (Corporate Finance) |
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Redleaf Polhill |
Tel: 020 7382 4763 |
George Parrett / Henry Columbine |
Notes to investors and editors:
First Property Group plc is a commercial property fund manager with operations in the United Kingdom and Central Europe. Its business model is to:
· Raise third party funds to invest in commercial property;
· Co-invest in these funds and thereby earn a return on its own capital invested; and
· Earn fees from the management of these funds. Fees earned are typically a function of the value of assets under management as well as the performance of the funds.
The investment performance of its funds under management in Poland and in Central Europe is ranked No.1 versus the Investment Property Databank (IPD) universe for Central & Eastern Europe (CEE) for the eight years to 31 December 2013, having previously ranked No.1 versus the IPD CEE universe over the three, four, five, six and seven years to 31 December 2008, 2009, 2010, 2011 & 2012 respectively.
First Property Asset Management Limited is authorised and regulated by the Financial Conduct Authority. Further information about the Company and its products can be found at: www.fprop.com.