First Property Regulatory News (FPO)

22 Jan 2008 07:00

First Property Group PLC22 January 2008 Date: 22 January 2008On behalf of: First Property Group plc ("First Property" or the "Company")Embargoed for: 0700hrs First Property Group plcTransaction in own Shares First Property Group plc ("First Property" or the "Company") announces that on21 January 2008, it purchased 1,700,000 ordinary shares in the Company at 15.0pence per share. All of these shares are to be held as treasury shares.Following this transfer into treasury, First Property has in issue (excluding atotal of 3,757,685 ordinary shares now held by the Company in treasury)107,843,430 ordinary shares. The above figure of 107,843,430 ordinary shares may be used by shareholders asthe denominator for the calculations by which they will determine if they arerequired to notify their interest in, or a change to their interest in, theCompany under the FSA's Disclosure and Transparency Rules. Enquiries to: Ben Habib, Chief Executive www.fprop.comFirst Property Group plc Tel: 020 7731 2844 Chris Hardie, Corporate Finance Director chris.hardie@arden-partners.comArden Partners Tel: 020 7398 1639 Emma Kane / Adam Leviton al@redleafpr.comRedleaf Communications Ltd Tel: 020 7822 0200 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 asset management, property transaction underwriting and trading, and facilities management. • The Company listed its shares on the Alternative Investment Market (AIM) in December 2000 with a view to fuelling further growth. • First Property Group plc is a property services group which consists of the following core services: - Property Asset 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 This information is provided by RNS The company news service from the London Stock Exchange