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Directorate Change

2 Jul 2010 07:00

RNS Number : 7123O
Formation Group PLC
02 July 2010
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Formation Group PLC

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Directorate Change

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Formation Group PLC (the "Group") announces that John Lawrence following recent ill health has tendered his resignation as non executive chairman and a director of the Company with immediate effect. The board wish to thank John for his years of service to the group and wish him well for the future.

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The Group has commenced a process to identify an independent non executive chairman. Until a suitable candidate has been appointed David Kennedy, Chief Executive, will be appointed as interim Chairman and Chief Executive with immediate effect.

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Ends

Enquiries

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Formation Group PLC - Desmond Khan; 020 7920 7590

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NOMAD to Formation Group PLC; Zeus Capital Limited - Ross Andrews; 0161 831 1512

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This information is provided by RNS
The company news service from the London Stock Exchange
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