Director/PDMR Shareholding

RNS Number : 4294J

Fairpoint Group PLC

03 December 2008

 



3 December 2008

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

Director's Dealings

Fairpoint announces that, on 21 November 2008, Hanover Investors Management (Cayman) Limited bought 50,000 ordinary shares of 1p each in the Company at a price of 37.25p 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 180,000 ordinary shares of 1p each in the Company, representing approximately 0.42% of the Company's issued share capital; and Hanover Investors is interested in 9,547,635 ordinary shares of 1p each representing approximately 22.48% 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
Chris Wilkinson (Corporate Broker)	020 7260	1000
Lee Aston (Nominated Adviser)	020 7260	1000

 

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