First Property Regulatory News (FPO)

4 Dec 2009 12:12



First Property Group plc

4 December 2009

Directors' shareholdings

First Property Group plc ('First Property' or the 'Company') announces that it has today received notification that on 3 December 2009 Mr Ben Habib, chief executive of the Company, transferred for nil consideration, by way of gift, 2,400,000 ordinary shares to his wife Mrs Sarah Habib.

Following this transfer, there is no change in Mr Habib's overall beneficial interest in First Property ordinary shares, which remains at 15,500,000 shares (representing 14.33% of the issued share capital of the Company).

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Notes to editors

First Property Group plc was established in March 2000 by Chief Executive Ben Habib, to provide a number of property services which include property fund management, property trading, and facilities management.

The Company listed its shares on the Alternative Investment Market (AIM) in December 2000.

First Property Group plc is a property services group which consists of the following core services:

Property Fund Management - established in August 2002 and provided by a wholly owned subsidiary, First Property Asset Management Ltd (FPAM), now with operations in the UK, Central and Eastern Europe;

Property Trading - established in August 2001 also provided by FPAM, now with operations in the UK, Central and Eastern Europe;

Facilities Management - acquired 60% of First Property Services Ltd in February 2006, with operations in the UK and clients including: Credit Suisse, Canary Wharf, the BBC, Coutts Bank and Exxon Mobil.

Further information about the Company and its products can be found at: www.fprop.com.