(Sharecast News) - First Property Group revealed on Wednesday that chief executive Ben Habib had acquired 300,000 shares in the AIM-listed property fund manager.

Habib, who snapped up the shares via his stake in Fprop Phoenix, purchased the shares at an average price of 15p each, for a total value of £45,000.

Following the transaction, Habib holds a beneficial interest in 26.41m ordinary First Property shares, representing approximately 17.87% of the company's issued share capital.

As of 1545 BST, First Property Group shares were down 0.66% at 15.15p.

Reporting by Iain Gilbert at Sharecast.com

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First Property Group (FPO)

Director name: Habib,Ben

Amount purchased: 300,000 @ 15.00p

Value: £45,000.00

Touchstar (TST)

Director name: Jones,Lynden

Amount purchased: 3,377 @ 69.50p

Value: £2,347.01

Severfield (SFR)

Director name: Page,Andrew

Amount purchased: 5,065 @ 38.90p

Value: £1,970.28

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