First Property Group PLC Dividend Correction (3812X)

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RNS Number : 3812X

First Property Group PLC

23 November 2017

 
 Date:       23 November 2017 
 On behalf   First Property Group plc ("First 
  of:         Property", "the Company" or the "Group") 
 
 

First Property Group plc

Dividend Correction

The dates in this announcement replace those reported in the Interim Results on 23 November 2017.

First Property Group plc (AIM: FPO) announces that its interim dividend, which has been increased by 5% to 0.42 pence per share, will be paid on 29 December 2017 to shareholders on the register at 1 December 2017, with an ex-dividend date of 30 November 2017.

-Ends-

For further information please contact:

 
 First Property Group plc        Tel: [phone] 
                                  0270 
 Ben Habib (Chief Executive      www.fprop.com 
  & Chief Investment Officer) 
  George Digby (Group Finance 
  Director) 
  Jeremy Barkes (Director, 
  Business Development) 
 
 Arden Partners                  Tel: [phone] 
                                  5900 
 Chris Hardie/ Ben Cryer 
 
 Redleaf Communications          Tel: [phone] 
                                  4747 
 Robin Tozer/ Elisabeth Cowell   [e-mail] 
 

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. Around one third of the shares in the Company are owned by management and their families.

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 ten directly held properties in Poland and Romania (including five held by Fprop Opportunities plc [FOP], in which the Group is currently the majority shareholder), and non-controlling interests in nine other funds managed by FPAM.

Listed on AIM the Company has offices in London, Warsaw and Bucharest. 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

END

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November 23, 2017 08:15 ET (13:15 GMT)