Appointment of Director

30 May 2014

Formation Group PLC

("Formation" or "the Company")

Appointment of Director 

Formation Group PLC (AIM: FRM) is pleased to announce the appointment of Mr William Mary Gerard O'Dea as a Non-Executive Chairman of the Company, with immediate effect.

Mr O'Dea, 61, was a director of Union Jack Oil plc until 30 July 2013. He is an Irish Fianna Fáil politician and a Teachta Dála for the Limerick City constituency. He served as the Minister for Defence from September 2004 until 18 February 2010.

In relation to the appointment of Mr O'Dea to the Board, the Company confirms that there is nothing further to disclose in relation to his appointment under Schedule Two, paragraph (g) of the AIM Rules for Companies.

David Kennedy, Chief Executive Officer of Formation, said, "I am delighted to welcome William O'Dea to the Company on behalf of all the Board of Directors. William brings experience and proven leadership skills to the Company. We look forward to the benefits of his contribution."

Enquiries:

Formation Group PLC: 

David Kennedy - Chief Executive Officer - 020 7920 7590

NOMAD to Formation Group PLC: 

Zeus Capital Limited - Ross Andrews / Andrew Jones - 0161 831 1512