First Property (GB:FPO) has released an update.
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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.
For further insights into GB:FPO stock, check out TipRanks’ Stock Analysis page.
