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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Proactive Sport | LSE:PAS | 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% | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Dec 2019 to Dec 2024
TIDMFRM
RNS Number : 3683X
Formation Group PLC
28 August 2015
Formation Group PLC
("Formation" or the "Company")
28 August 2015
Further re Profit Share Agreement
On 8 July 2015 Formation announced a profit share agreement with Sunbel Development Limited and Pinacle Developments Limited in relation to a development property on Streatham High Road, London, entitling Formation to 40 per cent. of the net profit arising from that development.
The Company is pleased to announce that it has now received the sum of GBP2 million as part of the profit share arrangement and this will be reinvested by Formation in future property developments.
The Company intends to issue a more detailed trading statement shortly.
--ENDS--
FOR FURTHER INFORMATION, PLEASE CONTACT:
Formation Group Plc David Kennedy - Chief Executive Officer 020 7920 7590 Nominated Adviser Northland Capital Partners Limited William Vandyk / Gerry Beaney 020 7382 1100 Broker Peterhouse Corporate Finance Limited Duncan Vasey / Fungai Ndoro 020 7469 0930
This information is provided by RNS
The company news service from the London Stock Exchange
END
FURPKODBABKDAFB
(END) Dow Jones Newswires
August 28, 2015 02:00 ET (06:00 GMT)
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