Fairpoint Group plc: Corporate update

Wed, 12 Jul 2017 11:00:01
DGAP-UK-Regulatory: Fairpoint Group plc: Corporate update

Fairpoint Group plc (FRP)

12-Jul-2017 / 11:00 GMT/BST
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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 partyAs 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

 

 

 

 




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