Notice of Preliminary Results
Updated : 16:40
Date: | 23 May 2019 |
On behalf of: | First Property Group plc ("First Property", "the Company" or the "Group") |
Embargoed: | Immediate release |
First Property Group plc
Notice of Preliminary Results
First Property Group plc (AIM: FPO), the property fund manager and investor, is pleased to confirm that its Preliminary results for the year ended 31 March 2019 are scheduled for release on Thursday 6 June 2019.
A meeting for analysts and investors will be held at the offices of First Property Group plc, 32 St James's Street, London, SW1A 1HD at 10.30am on 6 June. This meeting will also be accessible by conference call on +44 (0)330 336 9401, participant passcode 158092. The accompanying investor presentation will simultaneously be available online at http://www.fprop.com/media-news/presentations/.
A recording of the call and the investor presentation will subsequently be posted on the Company's website.
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For further information please contact:
First Property Group plc | Tel: +44 (20) 7340 0270 |
Ben Habib (Chief Executive Officer) George Digby (Group Finance Director) Jeremy Barkes (Director, Business Development) | |
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Arden Partners (NOMAD & Broker) | Tel: + 44 (20) 7614 5900 |
John Llewellyn-Lloyd (Director, Corporate Finance) Ben Cryer (Corporate Finance) |
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Newgate Communications (PR) | Tel:+ 44 (20) 3757 6880 |
Robin Tozer / Fiona Norman / Tom Carnegie |
Notes to Investors and Editors:
First Property Group plc is an award-winning property fund manager and investor with operations in the United Kingdom and Central Europe. It has grown its adjusted net assets, together with dividends paid, by some 24% on an annualised basis since 2006.
Its focus is on higher yielding commercial property with sustainable cash flows. The company is flexible and takes an active approach to asset management. Its earnings are derived from:
· Fund Management - via its FCA regulated and AIFMD approved subsidiary, First Property Asset Management Ltd (FPAM), which earns fees from investing for third parties in property. FPAM currently manages twelve funds which are invested across the United Kingdom, Poland and Romania.
· Group Properties - principal investments by the Group, to earn a return on its own capital, usually in partnership with third parties. Investments include nine directly held properties in Poland and Romania, and non-controlling interests in nine of the twelve funds managed by FPAM.
Listed on AIM the Company has offices in London, Warsaw and Bucharest. Around one third of the shares in the Company are owned by management and their families. Further information about the Company and its products can be found at: www.fprop.com.
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