27 February
2018
FORMATION GROUP PLC
(“Formation” or the “Company”)
Result of
Annual General Meeting
Formation Group PLC (NEX: FRM), the property development and
project management company, announces that at the annual
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 (NEX 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.