First Property Group PLC Result of AGM (4380B)
20 September 2018 - 10:08PM
UK Regulatory
TIDMFPO
RNS Number : 4380B
First Property Group PLC
20 September 2018
Date: 20 September 2018
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: 020 7340 0270
Ben Habib (Chief Executive & Chief www.fprop.com
Investment Officer)
George Digby (Group Finance Director)
Jeremy Barkes (Director, Business
Development)
Arden Partners Tel: 020 7614 5900
Chris Hardie/ Ben Cryer
Redleaf Communications Tel: 020 3757 6865
Robin Tozer / Elisabeth Cowell firstproperty@redleafpr.com
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. It has grown its adjusted
net assets, together with dividends paid, by some 26% on an
annualised basis since 2006.
The Group's 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 twelve 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 ten directly held properties in Poland
and Romania (including five held by Fprop Opportunities plc [FOP],
in which the Group is currently the majority shareholder), and
interests in nine other 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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contact rns@lseg.com or visit www.rns.com.
END
RAGSELFESFASESU
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