Business
Director's Shareholding & Ordinary Shares in Issue
Director's Shareholding & Ordinary Shares in Issue.
About this update from First Property Group Plc
[{"type":"text","content":"\n \nRNS Number : 8976B First Property Group PLC 04 February 2020 \n\n\n\n\n\nDate:\n\n\n4 February 2020\n\n\n\n\nOn behalf of:\n\n\nFirst Property Group plc (\"First Property\", \"the Company\" or the \"Group\")\n\n\n\n\nEmbargoed:\n\n\nImmediate Release\n\n\n\n\n \nFirst Property Group plc \nDirector's Shareholding and Ordinary Shares in Issue\n \nThe Board of First Property Group plc (AIM: FPO) announces that the Company has issued from Treasury 15,696 Ordinary Shares of one pence each in the Company to Mr Peter Moon, a non-executive Director, in satisfaction of part of his emoluments for the six months ended 31 October 2019.\n \nUnder the terms of his appointment Mr Moon receives 40% of his emoluments (£13,200 was the relevant annual value from 1 April 2019) in Ordinary Shares based on the average closing price of the Company's Ordinary Shares for the five day period following the announcement of the half year and annual results. In this case the average closing mid-price per Ordinary Share for the five business days between 22 November 2019 and 28 November 2019, adjusted for the interim dividend, was 42.05 pence. \n \nAs a result of this allotment of shares, Mr Moon's shareholding in the Company is 496,805 Ordinary Shares, which equates to 0.45% of the issued Ordinary Share capital. \n \nFollowing the sale from Treasury, the Company has 110,382,332 Ordinary Shares in issue. The figure of 110,382,332 Ordinary Shares may be used by shareholders as the denominator for calculations by which to determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules. 6,218,783 Ordinary Shares remain in Treasury.\n \n-Ends- \n \nFor further information please contact:\n \n\n\n\n\nFirst Property Group plc \n\n\nTel: +44 (20) 7340 0270\n\n\n\n\nBen Habib (Chief Executive Officer)\nGeorge Digby (Group Finance Director)\nJeremy Barkes (Director, Business Development)\n\n\nwww.fprop.com\[email protected]\n\n\n\n\n \n\n\n \n\n\n\n\nArden Partners (NOMAD & Broker)\n\n\nTel: + 44 (20) 7614 5900\n\n\n\n\nJohn Llewellyn-Lloyd (Director, Corporate Finance)\nBen Cryer (Corporate Finance)\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nNewgate Communications (PR...