Holding(s) in Company

RNS Number : 5058A

Fairpoint Group PLC

20 March 2013

 



TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		Fairpoint Group PLC
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			Yes
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):_Share issue by company_____________
3. Full name of person(s) subject to notification obligation:	Hanover I Fund, Hanover I US Fund and Hanover Master Fund
4. Full name of shareholder(s) (if different from 3):	As above
5. Date of transaction (and date on which the threshold is crossed or reached if different):	19 March 2013
6. Date on which issuer notified:	19 March 2013
7. Threshold(s) that is/are crossed or reached:	23%,22%,21%,20%,19%,18%,17%,16%,15%,14%,13%,12%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
GB0032360280     9,983,578           9,983,578         4,983,578         4,983,578                                      11.9%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

Total (A+B)
Number of voting rights	Percentage of voting rights
4,983,578	11.9%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Hanover I Fund, Hanover I US Fund and Hanover Master Fund control the total voting rights.

Proxy Voting:
10. Name of proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14 Contact name:	Tom Russell
15. Contact telephone name:	0207 766 8400

 

END

 

 

HOLJMMPTMBMTBAJ