Withdrawal of Resolutions from AGM

First Property Group PLC

24 September 2026

 

Date:	24 September 2026
On behalf of:	First Property Group plc ("First Property", the “Company" or the "Group")
Embargoed:	7.00am

First Property Group plc

Withdrawal of Resolutions from Annual General Meeting

First Property Group plc (AIM: FPO), the property fund manager and investor, announces that the Board has decided to withdraw Resolutions 7, 8 and 9 from the business of the Company's Annual General Meeting ("AGM"). The AGM will be held at 32 St James's Street, London, SW1A 1HD at noon today, as set out in the Notice of AGM dated 14 August 2026 and contained in the Company's Annual Report and Accounts for the year ended 31 March 2026 (the "Notice").

The withdrawn resolutions are:

• Resolution 7, an ordinary resolution to authorise the Directors to allot shares under section 551 of the Companies Act 2006, up to an aggregate nominal amount of £492,810.

• Resolution 8, a special resolution to disapply statutory pre-emption rights, including in respect of shares with an aggregate nominal amount of up to £295,686. This resolution was conditional on the passing of Resolution 7.

• Resolution 9, a special resolution to authorise the Company to make market purchases of up to 14,784,311 of its own Ordinary Shares.

Having reviewed the proxy votes received ahead of the AGM, the Board has concluded that Resolutions 7, 8 and 9 would be unlikely to receive the majorities required to be passed. The Board has therefore decided to withdraw them. The Board intends to engage with shareholders to understand their views on these authorities and will consider whether to seek them at a future general meeting.

Resolutions 7, 8 and 9 will therefore not be put to the AGM. Resolutions 1 to 6 set out in the Notice are unaffected and will be proposed as ordinary resolutions as originally stated.

Proxy appointments already received remain valid in respect of Resolutions 1 to 6. Any votes lodged on Resolutions 7, 8 and 9 will be disregarded. Shareholders who have already voted do not need to take any further action. The deadline for proxy appointments has now passed. Shareholders who wish to vote on the remaining resolutions and have not already done so may attend the AGM in person. The Board asks that anyone planning to attend pre-registers with the Company Secretary at [e-mail].

The Notice is available on the Company's website at www.fprop.com.

-Ends-

For further information please contact:

First Property Group plc	Tel: [phone]
Ben Habib (Chief Executive Officer) Laura Howarth (Group Finance Director) Jeremy Barkes (Director, Business Development) Jill Aubrey (Director, Company Secretary)	www.fprop.com [e-mail]
Allenby Capital (Nominated Adviser & Broker)	Tel: + 44 (20) 3328 5656
Nick Naylor / Liz Kirchner (Corporate Finance) Amrit Nahal / Tony Quirke (Sales and Corporate Broking)

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 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 ten 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. These investments currently comprise five directly held properties in Poland, and non-controlling interests in eight of the ten funds managed by FPAM.

Quoted on AIM, the Company has offices in London and Warsaw. Further information about the Company and its properties can be found at: www.fprop.com. To receive RNS alerts by email please subscribe here.

 

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