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FRM.L (FRM) Share News

Formation Subsidiary To Acquire Development Site In North West London

11th Apr 2014 10:54

LONDON (Alliance News) - Formation Group PLC Friday said that its subsidiary Formation Homes London Ltd has exchanged contracts to acquire a development site on Iverson Road in North West London for GBP5.9 million. The construction, property development and management firm said the developm Read More

Formation Group Sells Off 7.5% Stake To Related Party

27th Mar 2014 12:12

LONDON (Alliance News) - Formation Group PLC said Thursday it has sold 16,497,258 treasury shares, approximately 7.48% of its issued share capital, to related party, Kennedy Private Trust Company. Formation shares were sold at 1.90 pence per share - the market close price March 24, 2014 - r Read More

UK MIDDAY BRIEFING: BG Group Set To Benefit From Budget

21st Mar 2014 12:15

LONDON (Alliance News) - BG Group Friday said changes to the North Sea investment and tax regime set out in the UK Budget earlier in the week will now allow it to develop its Jackdaw high pressure high temperature project in the North Sea. According to the Treasury, Read More

UK WINNERS & LOSERS: Bookmakers Continue To Fall

21st Mar 2014 12:00

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Meggitt, up 1.2%. UBS has upgraded the engineering company to Buy, from Neutral, and increased its price target to 530.00 pen Read More

Formation Group Jumps As Agreement For Aldgate East Property Finalised

21st Mar 2014 10:45

LONDON (Alliance News) - Formation Group PLC saw its shares jump to lead the AIM market Friday as the firm said an agreement has been reached between Julius Properties Ltd and housebuilder Redrow PLC over a title issue relating to a mixed use development near Aldgate East tube station, London.</p Read More

CORRECT: Formation Jumps As Revenue Boosted By Strong London Property Market

28th Feb 2014 12:00

(Correcting an item published at 10:29 GMT February 28 2014 which misstated a profit figure. The correct version follows) LONDON (Alliance News) - Shares in Formation Group PLC have jumped Friday after the firm reported a 148% rise in group revenues as the London property market continues t Read More

UK WINNERS & LOSERS: Serco Up, Aggreko Down As CEO Switches Companies

28th Feb 2014 11:57

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS Old Mutual, up 5.1%. The life-insurance and investment company said its 2 Read More

Formation Jumps As Revenue Boosted By Strong London Property Market

28th Feb 2014 10:29

LONDON (Alliance News) - Shares in Formation Group PLC have jumped Friday after the firm reported a 148% rise in group revenues as the London property market continues to strengthen. Formation said group revenues were boosted to GBP5.8 million from GBP2.4 million, a 148% rise, attributed to Read More

Formation Group Jumps As It Uses Property Profit To Cut Loan

14th Feb 2014 10:29

LONDON (Alliance News) - Formation Group PLC saw its shares rise Friday after it said it had received GBP501,000 from its profit sharing agreement on a property in Commercial Road, London, and had used the money to reduce its working capital loan with the Kennedy Family Discretionary Settlement.< Read More

Formation Group Says JV Finance Ventures Is Being Sued By Redrow; To Counterclaim

5th Feb 2014 15:09

LONDON (Alliance News) - Construction and property development and management business Formation Group PLC Wednesday said JV Finance Ventures Ltd is being sued by Redrow PLC subsidiaries, although JV Finance Ventures will counterclaim. Formation Group holds a 36.88% stake in JV Finance Vent Read More

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