Fairpoint Group plc: Corporate update
July 12 2017 - 6:01AM
UK Regulatory
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Fairpoint Group plc (FRP)
Fairpoint Group plc: Corporate update
12-Jul-2017 / 11:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
12 July 2017
For immediate release
Fairpoint Group PLC
("Fairpoint" or the "Group")
Corporate update
As part of the Company's previously announced restructuring programme to
focus the Group on Simpson Millar, its Legal Services business, Fairpoint
announces that it is in discussions with a view to disposing of the IVA
business to a third party. As the principal place of business for the IVA
business is Fairclough House, Adlington, Lancashire, it is also the
intention of the Board to seek an exit from the lease arrangements on
Fairclough House.
A further announcement will be made in due course.
For enquiries please contact:
Fairpoint Group plc
David Broadbent, Chief Executive Officer 020 3128 8794
Shore Capital (Nominated advisor and broker)
Mark Percy 020 7408 4090
Edward Mansfield
MHP Communications fairpoint@mhpc.com
Reg Hoare 020 3128 8794
Katie Hunt
Language: English
ISIN: GB0032360280
Category Code: MSCH
TIDM: FRP
Sequence No.: 4406
End of Announcement EQS News Service
592053 12-Jul-2017
(END) Dow Jones Newswires
July 12, 2017 06:01 ET (10:01 GMT)
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