FORMATION GROUP
PLC
(“Formation” or the “Company”)
Result of
General Meeting
Formation Group PLC (NEX: FRM), the property development and
project management company, announces that at the general
meeting held earlier today, all resolutions were duly passed.
The directors of the issuer accept responsibility for the
contents of this announcement.
--ENDS--
Enquiries:
Formation Group
plc
David Kennedy, Chief Executive Officer |
Tel: +44 (0) 20 7920
7590 |
| Peterhouse Corporate Finance
Limited (Corporate Adviser) |
Tel: +44 (0) 20 7469
0930 |
Fungai Ndoro and Mark Anwyl
Formation Group Plc (NEX: FRM), headquartered in East London, is an NEX Exchange Growth Market
traded Company focused on property development and project
management services for medium and large scale building projects in
London and the City periphery.
The Company’s portfolio includes both new build and conversion
projects, and is also diversified through a limited exposure to
commercial work and the rental sector.
The management team combines significant Plc experience with
property expertise. The Company is well positioned to exploit a
buoyant London residential
property market, and believes that the newly added property
development division will form a substantial part of its
profitability in the future.