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First Property Group - Result of AGM

RNS Number : 9953Z
First Property Group PLC
23 September 2015
 

Date:

23 September  2015

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 property fund manager and investor, 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)

www.fprop.com

[email protected]

 

 

Arden Partners (NOMAD & Broker)

Tel: + 44 (20) 7614 5900

Chris Hardie (Director, Corporate Finance)

Benjamin Cryer (Corporate Finance)

 

 

 

Redleaf Communications (PR)

Tel:+ 44 (20) 7382 4730

Richard Gotla / Henry Columbine

[email protected]

 

 

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 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 in the UK and Central Europe (mainly Poland);

 

·     Group Properties - principal investments by the Group, currently comprising:

Six directly owned properties in Poland and Romania;

Five properties in Poland held by Fprop Opportunities plc (FOP), an FPAM managed fund in which the Group is a 76.2% shareholder;

Non-controlling interests in four other funds managed by FPAM.

 

FPAM funds have ranked No.1 versus the Investment Property Databank (IPD) Central & Eastern Europe (CEE) universe for the annualised periods from the commencement of its operations in Poland in 2005 to the end of each of the years between 31 December 2008 and 31 December 2014.

 

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.

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RAGSEFFDDFISEIU

Quick facts: First Property Group PLC

Price: 41

Market: AIM
Market Cap: £45.26 m
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