Fairpoint Group PLC ('Fairpoint' or 'the Company')
Additional Listing and Total Voting Rights
Application has been made to AIM for admission of 402,405 ordinary shares of 1p each in the Company to trading. 390,850 ordinary shares of 1p each have been allotted pursuant to the subscription of shares by the Fairpoint Group plc Employee Benefit Trust. The balance of 11,555 ordinary shares of 1p each has been allotted pursuant to the exercise of options under the EMI and the Unapproved Option schemes. The new shares will rank will rank pari passu in all respects with the existing shares in issue.
Admission is expected to become effective on 12 January 2009.
For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of Fairpoint ordinary shares of 1p each in issue on the date of admission will be 42,870,578 with each share holding one voting right.
The above figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.
Enquiries: |
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Fairpoint Group plc |
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Chris Moat, Chief Executive Officer |
0845 2960 100 |
Andy Heath, Finance Director |
0845 2960 200 |
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Financial Dynamics |
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Nick Henderson |
020 7269 7114 |
David Cranmer |
020 7269 7217 |
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Oriel Securities |
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Tom Durie |
020 7710 7600 |
Emma Ormond |
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