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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Formation Grp | LSE:FRM | London | Ordinary Share | GB0030432735 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.75 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
FORMATION GROUP PLC
('Formation' or the 'Company')
Investment in Proton Partners International Limited
(‘PPI’)
Formation notes the commencement of trading today in the ordinary shares of £0.001 each in PPI (the ‘PPI Shares’) on the NEX Exchange Growth Market.
Formation is interested in 4,347,826 PPI Shares, which the Company acquired in March 2018 at a price of 115p per PPI Share for a total cash consideration of £5.0 million.
Based on today’s admission price of 225p per PPI Share, Formation’s interest in PPI is valued at approximately £9.78 million.
The directors of the Company accept responsibility for the contents of this announcement.
--ENDS--
Enquiries:
| Formation Group plc David Kennedy, Chief Executive Officer |
Tel: +44 (0) 20 7920 7590 |
| Peterhouse Capital Limited (Corporate Adviser) Mark Anwyl and Fungai Ndoro |
Tel: +44 (0) 20 7469 0930 |
Copyright y 28 PR Newswire
1 Year Formation Chart |
1 Month Formation Chart |
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