AIM Rule 26

Click to view related pages

AIM Rule 26 Summary: This information has been disclosed pursuant to Rule 26 of the AIM Rules for Companies and was last updated on 14 August 2026.

 

AIM Rule 26 Item
Section to view
Description of the business
Investing Strategy
Names of directors and brief biographical details of each
Description of directors responsibilities
The Board provides effective leadership and oversight of the Group, ensuring that strategic and significant operational decisions are made in alignment with the long-term interests of shareholders and stakeholders. It maintains robust governance by regularly reviewing financial performance, ensuring regulatory compliance, and monitoring key performance indicators. The Board also considers matters of material importance to the Group, supporting a culture of transparency, integrity, and sustainable growth.

The table below reflects what each director is responsible for.

Remuneration and performance
Risk and controls framework

Risk oversight and internal controls are managed through a structure of committees operating under Board-approved Terms of Reference:

  • Audit Committee — chaired by Peter Moon, with Alasdair Locke as the other member. Monitors the integrity of the Group’s financial statements, half-yearly and annual reports and other financial announcements; reviews the effectiveness of internal financial controls and risk management systems; oversees the external audit relationship, including auditor independence, fees and the annual audit plan; and maintains the Group’s whistleblowing policy.
  • Compliance and Risk Committee — chaired by Peter Moon, with Laura Howarth (Group Finance Director) and Jill Aubrey (Compliance Director) as members. Responsible for the effective management of compliance and operational, reputational and liquidity risk across the Group and the funds managed by First Property Asset Management Limited (FPAM). Maintains a consolidated risk register, monitors the Group’s risk profile against Board-approved risk appetite, oversees stress testing, and reports to the Chief Executive and the Board on material matters.

This committee is an approval body to whom the Chief Executive has delegated authority to approve certain determinations in relation to the Groups governance, risk and control framework pursuant to a framework of delegated authorities. The committee does not constitute a committee of the Board or a committee within the Company’s Articles of Association.

  • Remuneration Committee — chaired by Peter Moon, with Alasdair Locke as the other member. Determines the remuneration policy for the Chief Executive, executive directors and senior management, including incentive schemes, pension arrangements, and termination terms, having regard to the QCA Corporate Governance Code and the AIM Rules.
  • Nominations Committee — chaired by Alasdair Locke, with Peter Moon as the other member. Reviews the balance of skills, knowledge and experience on the Board and its structure, size and composition, and leads the process for identifying and recommending candidates for Board appointments.

Terms of Reference for each committee are available here.

Investor relation / shareholder engagement

The Board is committed to maintaining an open and constructive dialogue with shareholders. The Group communicates with shareholders through its Annual General Meeting, half-yearly and annual results presentations held via the Investor Meet Company platform, RNS announcements, and its investor relations pages on this website. Shareholders are encouraged to raise questions or concerns with the Company at any time by emailing enquiries@fprop.com, and the Board considers feedback received from shareholders, analysts and other stakeholders as part of its ongoing governance and strategic review process. The Independent Chairman and Non-Executive Directors are available to discuss any matters shareholders wish to raise, and attendance and voting at the AGM is encouraged as a means for shareholders to engage with the Board.

Country of incorporation and main country of operation
First Property Group PLC is incorporated in England (Registration Number 02967020), its main country of operations.
Memorandum and Articles of Association
Details of any other exchanges or trading platforms
Details of the number of securities in issue, the number of securities held as treasury shares and, insofar as the Group is aware, the percentage of securities that is not in public hands together with the identity and percentage holdings of significant shareholders
Details of any restrictions on the transfer of securities
None
Number and type of any securities other than AIM securities
None
Financial Information – Annual & Interim Reports
Notifications made by the Group in the past 12 months.
Latest Admission Document and any circulars published within the past 12 months.
Corporate Governance Approach.
The Company is not obliged to comply with the UK Corporate Governance Code. The Directors are committed to maintaining high standards of corporate governance proportionate to the Group’s size and nature, and use the Quoted Companies Alliance Corporate Governance Code (“QCA Code”) as a framework for guidance in developing the Group’s governance arrangements, in line with the AIM Rules for Companies. The Group’s underlying approach is to be managed in an efficient, effective and entrepreneurial manner for the benefit of all shareholders over the longer term.

The Company’s corporate governance approach, as required by the AIM Rules for Companies, is set out below and elsewhere on this page:

  • Board composition — details of the Board and each Director’s biography, including which Directors are considered independent, are set out at Our Team.
  • Directors’ roles and responsibilities — the role and responsibilities of each Director in delivering the Group’s strategy and managing its risks are set out in the Corporate Governance section of the Annual Report, available at Financial Reports and above.
  • Remuneration and performance — details of the Group’s approach to executive and non-executive Director remuneration, and how this is aligned with performance, are set out at Group cash, share buy-backs and executive remuneration.
  • Risk and controls framework — details of the Group’s corporate governance committees and their respective roles and responsibilities are set out under Risk and controls framework above.
  • Investor relations — the Board’s approach to shareholder engagement is set out under Investor relations / shareholder engagement above.

This statement was last reviewed on 14 August 2026.

Takeover Code
The Company is subject to the City Code on Takeovers and Mergers.
Nominated Adviser and other key advisers.
First Property Group
Powered by  GDPR Cookie Compliance (opens in a new tab)
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.