Transaction in Own Shares

30 May 2007 17:07

Formation Group PLC30 May 2007 Formation Group plc Transaction in own shares Formation Group plc (the "Company") announces the following purchases ofordinary shares of 1p each in the capital of the Company ("Ordinary Shares"). Date Ordinary Shares Price (p) 29 May 2007 10,000 3529 May 2007 50,000 3329 May 2007 50,000 32.529 May 2007 25,000 3029 May 2007 40,000 2829 May 2007 9,500 30.6330 May 2007 155,000 30 Total 339,500 -(the "Purchased Shares") Of the Purchased Shares, 314,000 Ordinary Shares have been bought by the Companyand will be held as treasury shares; 16,000 Ordinary Shares have been acquiredby the SIPP of Neil Rodford, the Chief Executive of the Company and 9,500Ordinary Shares have been acquired by Mark Page, Finance Director of theCompany. Following this transaction, the Company holds 3,114,000 Ordinary Shares astreasury shares; Neil Rodford has an interest in 1,105,354 Ordinary Shares andMark Page has an interest in 352,493 Ordinary Shares. The total number of Ordinary Shares in issue at the date of this announcement(excluding shares held as treasury shares) is 123,247,196. For further information please contact: Neil Rodford, Formation Group plc Tel: 01625 539832David Youngman, WH Ireland Limited Tel: 0161 832 2174 This information is provided by RNS The company news service from the London Stock Exchange