5 Feb 2015 07:00
5 February 2015
Formation Group PLC
("Formation" or "the Company")
Director's Dealing
Formation Group PLC (AIM: FRM) announces the following dealing in the Company's ordinary shares of 1 pence each ("Ordinary Shares") by Noel O'Carroll, Group Finance Director. The dealing took place and was notified to the Company on 4 February 2015.
Noel O'Carroll has purchased 250,000 Ordinary Shares at a price of 1.45p per Ordinary Share. Following this transaction, Noel has an interest in 1,005,316 Ordinary Shares, representing approximately 0.46 per cent. of the Company's issued Ordinary Share capital. Noel also holds an option over 300,000 Ordinary Shares at an exercise price of 22.75 pence.
Enquiries:
Formation Group PLC:
David Kennedy - Chief Executive Officer - 020 7920 7590
NOMAD to Formation Group PLC:
Zeus Capital Limited - Andrew Jones / Ross Andrews- 0161 831 1512