Last checked at 1 Jul 2020 07:00
Date: | 1 July 2020 |
On behalf of: | First Property Group plc ("First Property", "the Company" or the "Group") |
Embargoed | Immediate release |
First Property Group plc
Director Appointment
First Property Group plc (AIM: FPO), the property fund manager and investor is pleased to report that as announced on 31 March 2020, Laura James has today joined the board of directors of the Company as Interim Group Finance Director. Laura has worked for the Company for over five years and was previously the Group Financial Controller.
George Digby, the outgoing Group Finance Director, remains an executive director of the Company until the Company's Annual General Meeting on 23 September 2020.
The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:
Full Name: Laura James
Age: 33
Current directorships / partnerships | Directorships / partnerships within the last five years |
None | None |
Laura does not hold any shares or options in the Company.
There is no further information to be disclosed in relation to Laura's appointment pursuant to AIM Rule 17, paragraph (g) of Schedule Two of the AIM Rules for Companies.
-Ends-
For further information please contact:
First Property Group plc | Tel: +44 (20) 7340 0270 |
Ben Habib (Chief Executive Officer) George Digby (Group Finance Director) Jeremy Barkes (Director, Business Development) | www.fprop.com investor.relations@fprop.com |
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Arden Partners (NOMAD & Broker) | Tel: + 44 (20) 7614 5900 |
John Llewellyn-Lloyd (Director, Corporate Finance) Ben Cryer (Corporate Finance) |
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Newgate Communications (PR) | Tel:+ 44 (20) 3757 6880 |
Robin Tozer / Fiona Norman / Tom Carnegie | firstproperty@newgatecomms.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. 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 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 comprise eight directly owned properties in Poland and Romania and non-controlling interests in ten of the twelve funds managed by FPAM.
Listed on AIM the Company has offices in London, Warsaw and Bucharest. Around one third of the shares in the Company are owned by management and their families. Further information about the Company and its products can be found at: www.fprop.com.