Date: |
9 September 2019 |
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 award winning property fund manager and investor with operations in the UK 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: +44 (20) 7340 0270 |
Ben Habib (Chief Executive Officer) George Digby (Group Finance Director) Jeremy Barkes (Director, Business Development) |
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Arden Partners (NOMAD & Broker) |
Tel: + 44 (20) 7614 5900 |
John Llewellyn-Lloyd Ben Cryer |
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Newgate Communications (PR) |
Tel: +44 (20) 3757 6880 |
Robin Tozer / Fiona Norman / Tom Carnegie |
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 thirteen 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 nine wholly owned properties in Poland and Romania and non-controlling interests in nine of the thirteen 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.