Wed, 09th Nov 2016 10:21
LONDON (Alliance News) - Property developer Formation Group PLC said Wednesday that it has now repaid its loan facility for its 159-161 Iverson Road site in London in full.
Formation had last reported in September that it received an extension for the GBP2.4 million outstanding debt on the facility.
Shares in Formation were untraded at 3.78 pence Wednesday.
By Adam Clark; adamclark@alliancenews.com
Copyright 2016 Alliance News Limited. All Rights Reserved.
(Sharecast News) - Formation Group announced on Friday that it is investing the £10m it raised in May, through its subsidiary Market Equities, in...
(ShareCast News) - Property developer Formation Group on Friday reported a slight decline in full year pre-tax profit as administration expenses and c...
(ShareCast News) - Shares in AIM-listed Formation Group plummeted while the property developer lists on rival borse, the ICAP Securities and Derivativ...