19 Oct 2010 09:46
Formation Group PLC
Directorate Change
Formation Group PLC (the "Group") announces the appointment of Mr Charles Alexander Green, as non-executive director with immediate effect.
Charles, aged 57, is currently a partner in Fort Blockhouse Partnership Limited and a director of Our Enterprise Haslar Limited and Azure International Limited. Within the last 10 years he has been a director of the following companies: Proactive Plc, Kingsbridge Plc, Medical Solutions Plc and HFG Ltd.
Charles, who was formerly a director of Formation (2001-2003) does not have a beneficial interest in the issued share capital of Formation.
There is no other information which needs to be disclosed pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.
Commenting on this appointment David Kennedy stated:
"We are delighted that Charles has agreed to rejoin the board, his experience in the market and his knowledge of the company will be very helpful in resolving the current challenges facing the company"
Enquiries
Formation Group PLC
Desmond Khan; 020 7920 7590
NOMAD to Formation Group PLC - Zeus Capital Limited
Ross Andrews; 0161 831 1512
Tom Rowley
FRM.L (FRM)