Formation Group PLC Result of AGM and New Website (4724Q)
February 29 2016 - 7:00AM
UK Regulatory
TIDMFRM
RNS Number : 4724Q
Formation Group PLC
29 February 2016
29 February 2016
FORMATION GROUP PLC
('Formation' or 'the Group')
Result of AGM and New Website
Formation Group (AIM: FRM), the property development and project
management company, announces that, at the Annual General Meeting
("AGM") of shareholders held earlier today, resolution six relating
to the reappointment of Grant Thortnon as auditor was not passed.
All other resolutions were passed.
At the AGM, Chairman of Formation Group plc, Willie O'Dea, made
the following statement:
"We are pleased to report that the business has enjoyed a good
start to the financial year ended 31 August 2016 and that trading
is in line with management's expectations. The Board continues to
view the future with confidence and looks forward to updating the
market with our progress in due course."
New Website
The Company also announces that it has launched a new website
which can be found at the existing domain:
http://www.formationgroupplc.com. Corporate information published
in accordance with the requirements of AIM Rule 26 is available
from this website.
Enquiries:
Formation Group plc Tel: +44 (0)
David Kennedy, Chief Executive 20 7920 7590
Officer
Northland Capital Partners Ltd Tel: +44 (0)
(Nomad) 20 7382 1100
William Vandyk / Gerry Beaney
Peterhouse Corporate Finance Limited (Broker) Tel: +44 (0) 20
7469 0930
Duncan Vasey / Fungai Ndoro
Yellow Jersey PR Limited (Media Relations) Tel: +44 (0) 7738
Alistair de Kare-Silver / Aidan Stanley 076 304
Notes to Editors
Formation Group Plc (AIM: FRM), headquartered in East London, is
an AIM-listed company focused on property activities which includes
property development, property investment and professional
construction management services for small and medium scale
building projects in London and the City periphery.
The Company's portfolio includes both new builds 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.
Further information on the Group is available at:
http://www.formationgroupplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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