RNS Number : 8250F
First Property Group PLC
26 September 2024
 

Date:

26 September 2024

On behalf of:

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

Embargoed:

Immediate release

 

 

First Property Group plc

 

Director / PDMR Dealing

 

First Property Group plc (AIM: FPO), the property fund manager and investor with operations in the United Kingdom and Central Europe, announces that, further to the announcements of 3 September and 18 September 2024 regarding the Group's open offer (the "Announcements"), a Qualifying Shareholder (as defined in the Announcements) has failed to make payment of £64,000 for their Open Offer Entitlement (which they applied for) of 800,000 Open Offer Shares. As a result, these Open Offer Shares have been acquired by Ben Habib pursuant to the Underwriting Agreement (further details of which are set out in the Announcements) at 8 pence per Open Offer Share (being the issue price of the Open Offer Shares). 

 

As a result of this acquisition, the table below sets out Ben Habib's interests in Ordinary Shares of the Group.

 

Director/PDMR

Number of existing Ordinary Shares

% of the Share Capital

Number of Ordinary Shares following the purchase

% of the Share Capital

Ben Habib

23,064,357

15.60%

23,864,357

16.14%

 

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation (2014/596/EU) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 and as modified by or under the European Union (Withdrawal) Act 2018 or other domestic law, provide further detail.

 

Any defined terms used take the meaning given to them in the Announcements, unless otherwise defined.

 

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 (Director, Compliance & Company Secretary)

investor.relations@fprop.com

 



Allenby Capital (Nominated Adviser & Broker)

Tel: + 44 (20) 3328 5656

Nick Naylor/ Daniel Dearden-Williams (Corporate Finance)

Amrit Nahal / Tony Quirke (Sales and Corporate Broking))

 

 

 


 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

1.    Benyamin Habib

 

2

Reason for the notification

 

a)

Position/status

1.    Chief Executive Officer

 

b)

Initial notification/Amendment

Initial Notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

First Property Group plc

 

b)

LEI

213800O4C71RSRQVHH77

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument

Ordinary shares of 1p each

 

Identification code

GB0004109889 

b)

Nature of the transaction

Acquisition of Ordinary Shares pursuant to the underwriting of an open offer

 

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

 

1.     8 pence

 

1.     800,000

 

d)

Aggregated information

N/A

 

 

Aggregated volume

N/A

 

 

Price

N/A

 

e)

Date of the transaction

26 September 2024

 

f)

Place of the transaction

Outside of a trading venue

 

 

 

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