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



Reg Hoare


020 3128 8794

Katie Hunt





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