First Property Group

FPO · AIM · Financial Services · mcap £23m · 16.0p

First Property Group owns and manages commercial property in the UK and Poland, largely through funds, earning fees and a share of rents and sales. It also invests alongside its funds.

Recent signals

Positive 7 Oct 2026

CEO's associate Fprop Phoenix buying shares repeatedly at 14-15p

Ben Habib's stake rose from 17.16% to 17.87% in Sept-Oct 2026 through PHO purchases. 7 Oct 2026 28 Sep 2026 25 Sep 2026 23 Sep 2026

Positive 24 Sep 2026

Debt cut sharply, cash up, dividend reinstated

Net debt fell 69.1% to £6.04m, cash £6.95m, and 0.25p final dividend proposed. 24 Sep 2026 25 Jun 2026

Negative 24 Sep 2026

Three AGM resolutions withdrawn after proxy votes indicated they would fail

Shows shareholder dissent on some proposals. 24 Sep 2026

Positive 25 Jun 2026

Property carried at cost below market value

Directly owned properties book £35.16m versus market £44.98m. 25 Jun 2026

Positive 21 Nov 2025

Peter Gyllenhammar AB stake rose from 20.03% to 29.061%

A large shareholder accumulated shares between Dec 2023 and Nov 2025. 21 Nov 2025

Capital actions

2025-09-24 disposal · £4.1m – Sale of UK commercial property and Felix office block in Bucharest; about £4.0m net cash after costs. 24 Sep 2025
2025-04-30 disposal – Fprop Gdynia placed into administration after failed restructuring of €12m deferred consideration; deconsolidated. 30 Apr 2025
2024-09-19 placing · £2.96m – Open offer of 36,960,777 shares at 8p; 83.63% take-up by qualifying shareholders. 19 Sep 2024

From the company's own announcements · not investment advice

Company filings. Not investment advice.