Director/PDMR Shareholding

RNS Number : 8125D

Fairpoint Group PLC

19 September 2008

 



Fairpoint Group plc ('Fairpoint' or 'the Company')

Directors Dealings

Fairpoint announces that, on 12 September 2008, Hanover Investors Management (Cayman) Limited bought 65,000 ordinary shares of 1p each in the Company at a price of 44.6p per share and that, on 17 September 2008, Hanover Investors Management (Cayman) Limited bought 35,000 ordinary shares of 1p each in the Company at a price of 36.4p per share. Matthew Peacock, a non-executive director of the Company is a director and shareholder of Hanover Investors Management (Cayman) Limited. Following this purchase Mr Peacock, has a beneficial interest in 130,000 ordinary shares of 1p each in the Company, representing approximately 0.31% of the Company's issued share capital; and Hanover Investors is interested in 9,247,635 ordinary shares of 1p each representing approximately 21.78% of the Company's issued share capital.

Enquiries:
Fairpoint Group plc
Chris Moat, Chief Executive Officer	0845 296	0100
Andy Heath, Finance Director	0845 296	0200
Financial Dynamics
Ed Gascoigne-Pees	020 7269	7132
Nick Henderson	020 7269	7114
Numis Securities
Corporate Broking:  Chris Wilkinson	020 7260	1000
Nominated Adviser: Lee Aston	020 7260	1000

 

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