Director/PDMR Shareholding

RNS Number : 7898G

Fairpoint Group PLC

11 June 2013

 



11 June 2013

Fairpoint Group plc

Director/PDMR shareholding

Fairpoint Group plc ("Fairpoint" or the "Company"), the leading provider of advice and solutions to financially stressed consumers, announces that on 10 June 2013, Chris Moat, its Chief Executive Officer, exercised 12,964 share options pursuant to the maturity of the Company's 2010 Save As You Earn ("SAYE") share option scheme. The shares were exercised at a price of 70 pence per share, and Mr Moat subsequently sold all of these shares on 10 June 2013 at 105.5 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 0.48% of Fairpoint's issued share capital and total voting rights. In addition, Mr Moat holds 450,000 share options.

Enquiries

Fairpoint Group plc                                                                                                        www.fairpoint.co.uk

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

Reg Hoare                                                                                                                               020 3128 8100

Katie Hunt

 

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