Formation Group appoints Sean O’Brien and Andrew Bennett to its Board of Directors

– UK, London – Formation Group Plc (LON: FRM) today announced that Sean O’Brien and Andrew Bennett have today been appointed as Directors of the Company.

Sean O’Brien has many years’ experience in the building industry and has been with Formation since 2014. Sean has been appointed as an Executive Director of the Company, responsible for construction, with principal oversight of the Company’s property development activities, including at the Irish sites into which Formation invested in December 2019.

Andrew Bennett has been appointed as a non-executive Director of Formation. Andrew is a Chartered Accountant with more than 25 years’ experience in financial services in Jersey including over six years as a director of Nordic Capital. He is currently CFO of the Jersey-based real estate developer, Columbia Group, which includes Zandra Holdings Limited, owner of 89.99% of Formation’s issued share capital. Andrew is also a non-executive Director of Rutherford Health plc, a company in which Formation has an equity interest of approximately 2%.

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