First Property Group PLC Exercise of Options and Total Voting Rights (6016J)
April 08 2015 - 05:08AM
UK Regulatory
TIDMFPO
RNS Number : 6016J
First Property Group PLC
08 April 2015
Date: 8 April 2015
On behalf First Property Group plc ("First
of: Property", "the Company" or the "Group")
Embargoed: Immediate
First Property Group plc
Exercise of Options and Total Voting Rights
First Property Group plc (AIM: FPO), the property fund
management group, was notified on 7 April 2015 that an employee of
First Property Asset Management Ltd exercised 400,000 options over
Ordinary shares, granted pursuant to the First Property Group Share
Option Scheme, at an exercise price of 17.25p pence per Ordinary
share.
The Ordinary shares required to satisfy the exercise of these
options were today released by the Company from shares held in
treasury, following which First Property Group plc's issued share
capital remains 114,851,115 Ordinary shares, of which those held in
treasury have reduced to 658,574 Ordinary shares, leaving a balance
of 114,192,541 Ordinary shares with voting rights. The total number
of share options outstanding pursuant to the First Property Group
Share Option Scheme has reduced to 4,450,000.
The figure of 114,192,541 Ordinary shares should be used by
shareholders as the denominator for calculations to determine if
they are required to notify an interest, or a change in their
interest, in the Ordinary share capital of First Property Group plc
under the Financial Conduct Authority's Disclosure and Transparency
Rules.
-Ends-
For further information please contact:
First Property Group plc Tel: 020 7340 0270
Ben Habib (Chief Executive www.fprop.com
& Chief Investment Officer)
George Digby (Group Finance
Director)
Jeremy Barkes (Director, Business investor.relations@fprop.com
Development)
Arden Partners Tel: 020 7614 5900
Chris Hardie (Director Corporate
Finance)
Michael McNeilly (Corporate
Finance)
Redleaf Polhill Tel: 020 7382 4763
George Parrett / Henry Columbine firstproperty@redleafpr.com
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 (principally Poland);
-- Group Properties - principal investments by the Group, currently comprising:
o 6x directly owned properties in Poland and Romania;
o 5x properties in Poland held by Fprop Opportunities plc (FOP),
an FPAM managed fund in which the Group is a 76.2% shareholder;
o Shares in 4x funds managed by FPAM.
The investment performance of the Group's funds under management
in Poland and in Central Europe is ranked No.1 versus the
Investment Property Databank (IPD) universe for Central &
Eastern Europe (CEE) over the eight years to 31 December 2013,
having previously ranked No.1 versus the IPD CEE universe over the
three, four, five, six and seven years to 31 December 2008, 2009,
2010, 2011 and 2012 respectively.
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
MSCSSISUAFISESL
First Property (LSE:FPO)
Historical Stock Chart
From Feb 2024 to Mar 2024
First Property (LSE:FPO)
Historical Stock Chart
From Mar 2023 to Mar 2024