Notice of AGM and Posting of Annual Report

RNS Number : 3576I

First Property Group PLC

30 August 2016

 

Date:	30 August 2016
On behalf of:	First Property Group plc ("First Property", "the Company" or the "Group")
Embargoed:	0700hrs

First Property Group plc

Notice of AGM and Posting of Annual Report & Financial Statements

First Property Group plc (AIM: FPO), the property fund manager and investor, will hold its Annual General Meeting (AGM) at 12 noon on Thursday 22 September 2016 in the Peninsular Room of the Cavalry & Guards Club, 127 Piccadilly, London, W1J 7PX.

First Property also announces that on 26 August 2016 it posted to shareholders the Group's Annual Report & Financial Statements for the year ended 31 March 2016, which contained the formal notice of the AGM. Copies of the Annual Report & Financial Statements can be obtained from the registered office of the Company at 32 St James's Street, London, SW1A 1HD, or from the Company's website at www.fprop.com.

-Ends-

For further information please contact:

First Property Group plc	Tel: [phone]
Ben Habib (Chief Executive & Chief Investment Officer) George Digby (Group Finance Director) Jeremy Barkes (Director, Business Development)	www.fprop.com
Arden Partners	Tel: [phone]
Chris Hardie/ Ben Cryer
Redleaf Communications	Tel: [phone]
Henry Columbine/ Rebecca Sanders-Hewett/ Susie Hudson	[e-mail]

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:

o  Management fees are levied by reference to the value of properties under management;

o  Performance fees are levied where appropriate, usually payable upon realisation of profits above an agreed hurdle. 

·      Group Properties - principal investments by the Group, to earn a return on its own capital, usually in partnership with third parties.

FPAM funds rank No.1 versus MSCI's Investment Property Databank (IPD) Central & Eastern Europe (CEE) Benchmark for the ten years from the commencement of its operations in Poland in 2005 to 31 December 2015, and for the annualised periods from 2005 to the end of each of the years between 31 December 2008 and 31 December 2015.

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.

 

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