First Property (GB:FPO) has released an update.
First Property Group PLC disclosed that due to a Qualifying Shareholder’s failure to pay for their entitlement in the company’s open offer, CEO Ben Habib has acquired 800,000 shares at 8 pence each, increasing his stake from 15.60% to 16.14% of the share capital. This transaction, part of the company’s open offer underwriting agreement, changes the ownership landscape and may interest investors tracking insider activities and company share structure.
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