IN BRIEF: First Property Group shares suspended after losing nomad

Mon, 25th Apr 2022 14:51

First Property Group PLC - London-based property fund manager and investor - Shares are suspended from trading on AIM in London on Monday, after Arden Partners PLC resigns as its nominated adviser. Arden lost its ability to act as a nomad due to its acquisition by Ince Group PLC, a deal set to complete by the end of April. First Property must appoint a new nomad within 30 days or its share will be cancelled from AIM.

Current stock price: 34.82 pence at Friday close

12-month change: up 5.5%

By Tom Waite; thomaslwaite@alliancenews.com

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