Corporate update

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   [e-mail] Reg Hoare   020 3128 8794 Katie Hunt       Â

Language:	English
ISIN:	GB0032360280
Category Code:	MSCH
TIDM:	FRP
Sequence No.:	4406

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End of Announcement	EQS News Service

592053  12-Jul-2017