Director/PDMR Shareholding

RNS Number : 3575U

Fairpoint Group PLC

15 October 2014

 

Fairpoint Group plc

Director/PDMR shareholding

Fairpoint Group plc ("Fairpoint" or the "Company"), one of the UK's leading providers of consumer professional services including debt solutions and legal services, announces that on 14 October 2014, Chris Moat, its Chief Executive Officer, exercised 50,000 share options awarded under the Company`s 2008 Unapproved Share Option Scheme at a price of 50 pence per share, and Mr Moat subsequently sold all of these shares on 15 October 2014 at 135.5 pence per share. The sale was required to fulfil some personal financial commitments.

Following these transactions, Mr Moat retains 201,531 shares in the Company, representing 0.46% of Fairpoint's issued share capital and total voting rights. In addition, Mr Moat holds 411,920 share options.

Enquiries please contact:

Fairpoint Group Plc                                                                                                       

Chris Moat, Chief Executive Officer                                                                       0845 296 0100

John Gittins, Group Finance Director

Shore Capital (Nomad and Broker)                                                                                              

Pascal Keane                                                                                                     020 7408 4090

Edward Mansfield

MHP Communications                                                                                                  

Reg Hoare                                                                                                          020 3128 8100

Katie Hunt

 

END

 

 

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