Formation Group PLC Stmnt re Share Price Movement (4156S)

TIDMFRM

RNS Number : 4156S

Formation Group PLC

07 July 2015

7 July 2015

Formation Group plc

Statement re Share Price Movement

The directors of Formation Group Plc ("Company") note the rise in the Company's share price today. The Company has been in discussion for some time regarding a commercial agreement on a development site and hopes to be in a position to sign a definitive agreement imminently. A further announcement regarding this agreement will be made in due course but shareholders should be aware that whilst negotiations are at a very advanced stage there can be no guarantee that the agreement will be entered into in its current form or at all.

**ENDS**

For further information www.formationgroupplc.com or contact the following:

 
 Formation Group Plc                   Tel: 020 7920 7590 
  David Kennedy; Chief Executive 
  Officer 
 Nominated Adviser:                    Tel: 020 7382 1100 
  Northland Capital Partners Limited 
  William Vandyk / Gerry Beaney 
 Sole Broker:                          Tel: 020 7469 0930 
  Peterhouse Corporate Finance 
  Limited 
  Fungai Ndoro / Duncan Vasey

This information is provided by RNS

The company news service from the London Stock Exchange

END

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