22nd Nov 2007 17:09
First Property Group PLC22 November 2007 Transaction in own shares First Property Group plc ('First Property' or the 'Company') announces that on 22 November 2007 it purchased 761,402 of its own ordinary shares at an average price of 19.5 pence per ordinary share. All of the purchased shares are to be held as treasury shares. Following the transfer into treasury, First Property has in issue (excluding the total of 1,636,402 ordinary shares now held in treasury) 109,964,713 Ordinary Shares. The above figure of 109,964,713 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 Chief Executive Ben Habib, to provide a number of property services which include property asset management, property transaction underwriting and trading, and facilities 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 group which consists of the following core services: - Property asset management - established in August 2002 and provided by a wholly owned subsidiary, First Property Asset Management Ltd (FPAM), now with operations in the UK, Central and Eastern Europe; - Property transaction underwriting and trading - established in August 2001 also provided by FPAM, now with operations in the UK, Central and Eastern Europe; - Facilities Management - acquired 60% of First Property Services Ltd in February 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 found at: www.fprop.com End: 22 November 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
First Property