27 February 2018
FORMATION GROUP PLC
("Formation" or the "Company")
Resultof Annual General Meeting
Formation Group PLC (NEX: FRM), the property development and project management company,announcesthat 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.