Share purchase by Associate & Director holding
First Property Group plc announced that its associate, Fprop Phoenix Limited, purchased 550,000 ordinary shares at 15.00 pence per share, increasing its holding to 1,200,000 shares, or approximately 0.81% of the company's voting rights. Due to the Chief Executive's significant ownership in Fprop Phoenix Limited, this transaction is considered part of his total shareholding, which now stands at 26,018,595 ordinary shares, representing approximately 17.60% of the company's total voting rights.
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| Date: | 25 September 2026 |
| On behalf of: | First Property Group plc ("First Property", the “Company" or the "Group") |
| Embargoed: | Immediate Release |
First Property Group plc
Share purchase by Associate and Director shareholding
First Property Group plc (AIM: FPO), the property fund manager and investor, announces that its Associate, Fprop Phoenix Limited (“PHO”), in which the Group has a 23.78% shareholding, purchased, today, 550,000 ordinary shares in the Company (the “Ordinary Shares”) at a price of 15.00 pence per Ordinary Share.
Following this purchase PHO’s beneficial interest in the share capital of the Company is 1,200,000 Ordinary Shares, equivalent to approximately 0.81% of the Company's total voting rights.
As Ben Habib, the Group’s Chief Executive, owns 72.71% of the issued shares of PHO, this shareholding is deemed to be part of Ben Habib’s shareholding in the Company which now totals 26,018,595 Ordinary Shares, equivalent to approximately 17.60% of the Company's total voting rights.
| a) | Name | Fprop Phoenix Limited | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PCA of Ben Habib (Chief Executive of First Property Group plc) | ||||
| a) | Name | First Property Group plc | ||||
| b) | LEI | 213800O4C71RSRQVHH77 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
| c) | Price(s) and volume(s) Purchase |
| ||||
| d) | Aggregated information (if any) - Aggregated volume - Price | 550,000 15.00p | ||||
| e) | Date of transaction | 25 September 2026 | ||||
| f) | Place of the transaction | London Stock Exchange |
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