('Formation' or the 'Company')
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
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.
Formation Group plcTel: +44 (0) 20 7920 7590 David Kennedy, Chief Executive Officer Peterhouse Capital Limited(Corporate Adviser) Tel: +44 (0) 20 7469 0930 Mark Anwyland Fungai Ndoro