19 May 2008 07:00
19 May 2008
FORMATION GROUP PLC
('Formation' or 'the Company')
Appointment of Non Executive Directors
Formation Group PLC is pleased to announce that Osmond James Kilkenny (61) and Patrick Kennedy (27) have been appointed as Non Executive Directors of the Company with effect from 19 May 2008.
Osmond Kilkenny has a beneficial shareholding in Formation of 747,384 ordinary shares representing 0.34% per cent. of the issued share capital of the Company.
Osmond Kilkenny is currently a director of:
Ardmore Studios International Limited
Ardmore Studios Limited
Badams Music Limited
Badman Limited
Balrobin Limited
Coneforth Trading Limited
Floralord Limited
Keanepeak Limited
Playing For Life Limited
Radbath Holdings Limited
Saltwater Limited
Trova Productions Limited
Wellhart Limited
Valbella Trust Company
In the past 5 years, Osmond Kilkenny has also held directorships at the following companies from which he has either resigned or the company has been dissolved:
2003 Special Olympics World Summer Games Limited
The Broadband Computer Co. Limited
The Dublin Rape Crisis Centre
Grandpage Limited*
Greyfar Limited*
Nua Holdings Limited*
OJ Kilkenny & Co. Limited
Santa Fe Group
* = Dissolved
Osmond Kilkenny has no other previous directorships in the past 5 years.
Patrick Kennedy represents the interests of the Concert Party, as defined in the AIM re-Admission document date 29 May 2007, which has a beneficial shareholding in Formation of 113,331,696 ordinary shares representing 51.4% per cent. of the issued share capital of the Company.
Patrick Kennedy is currently a director of:
Derk Estates Limited
PTK Consultants Limited
In the past 5 years, Patrick Kennedy has also held a directorship at J.G.W. Limited from which he has resigned.
Patrick Kennedy has had no other previous directorships in the past 5 years.
There is no other information which is required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules of the London Stock Exchange in relation to either Osmond Kilkenny or Patrick Kennedy's appointment.
John Lawrence MBE, Chairman, Formation Group PLC commented:
'We are delighted to welcome both Osmond and Patrick onto the Board as Non Executive Directors. They add depth and experience to our Board. Ossie has an enviable track record in the music and entertainment industry. Patrick's appointment brings us closer to our largest strategic investor, the David Kennedy Family Trust, and additional depth to our Property Services.'
Enquiries:
Formation Group PLC,
Mike Wallwork, Communications Director, T: +44 (0) 161 980 1210
Investec Investment Banking,
Paul Gray, T: +44 (0) 207 597 5176
Patrick Robb, T: +44 (0) 207 597 5169
Notes to editor
Formation Group PLC (AIM: FRM) provides a range of services, through two distinct divisions; Talent Management and Professional Services, to its clients within the sports, media and entertainment sectors as well as other high net worth individuals and trusts.