First Property Regulatory News (FPO)

20 Sep 2007 07:01

First Property Group PLC20 September 2007 Date: 20 September 2007On behalf of: First Property Group plc ("First Property" or the "Company")Embargoed until: 0700hrs First Property Group plcTransaction in own shares First Property Group plc ("First Property" or the "Company") announces that on 18 September 2007 it purchased 150,000 of its own ordinary shares at an average price of 18.44 pence per ordinary share. All of the purchased shares are to be held as treasury shares. Following the transfers into treasury, First Property has in issue (excluding the total of 875,000 ordinary shares held in treasury) 110,726,115 Ordinary Shares. The above figure of 110,726,115 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules. Enquiries: George DigbyFinance DirectorTel: 020 7731 2844 Chris HardieArden Partners plcTel: 020 7398 1639 Notes to Editors: •First Property Group plc was established in March 2000 by ChiefExecutive Ben Habib, to provide a number of property services which includeproperty asset management, property transaction underwriting and trading, andfacilities 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 an integrated property services groupwhich consists of the following core services: •Property asset management - established in August 2002 and provided by awholly owned subsidiary, First Property Asset Management Ltd (FPAM), now withoperations in the UK, Central and Eastern Europe; •Property transaction underwriting and trading - established in August 2001also provided by FPAM, now with operations in the UK, Central and Eastern Europe; •Facilities Management - acquired 60% of First Property Services Ltd inFebruary 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 foundat: www.fprop.com This information is provided by RNS The company news service from the London Stock Exchange