Notification of holding in Company

RNS Number : 9323B
First Property Group PLC
17 February 2022
 

Date:

17 February 2022

On behalf of:

First Property Group plc ("First Property", "the Company" or the "Group")

Embargoed:

0700hrs

 

First Property Group plc

Notification of holding in Company

 

The Company has been informed that Quaero Capital Funds no longer hold a notifiable interest in the Company's share capital.

 

-Ends-

 

For further information please contact:

 

First Property Group plc  

Tel: +44 (20) 7340 0270

Ben Habib (Chief Executive Officer)

Laura James (Group Finance Director)

Jeremy Barkes (Director, Business Development)

Jill Aubrey (Company Secretary)

www.fprop.com

investor.relations@fprop.com



Arden Partners (NOMAD & Broker)

Tel: + 44 (20) 7614 5900

John Llewellyn-Lloyd (Director, Corporate Finance)

Antonio Bossi (Director, Corporate Finance)




SEC Newgate (PR)

Tel:+ 44 (20) 3757 6880

Robin Tozer / Richard Bicknell / Isabelle Smurfit

firstproperty@secnewgate.co.uk

 

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. Around one third of the shares in the Company are owned by management and their families.

 

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 include seven directly held properties in Poland and Romania, and interests in eleven of the thirteen funds managed by FPAM.

 

Listed on AIM the Company has offices in London, Warsaw and Bucharest. Further information about the Company and its products can be found at: www.fprop.com .

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