Frp Advisory Group Regulatory News (FRP)

19 Sep 2008 07:00



Fairpoint Group plc ("Fairpoint" or "the Company")

Directors Dealings

Fairpoint announces that, on 12 September 2008, Hanover Investors Management (Cayman) Limited bought 65,000 ordinary shares of 1p each in the Company at a price of 44.6p per share and that, on 17 September 2008, Hanover Investors Management (Cayman) Limited bought 35,000 ordinary shares of 1p each in the Company at a price of 36.4p per share. Matthew Peacock, a non-executive director of the Company is a director and shareholder of Hanover Investors Management (Cayman) Limited. Following this purchase Mr Peacock, has a beneficial interest in 130,000 ordinary shares of 1p each in the Company, representing approximately 0.31% of the Company's issued share capital; and Hanover Investors is interested in 9,247,635 ordinary shares of 1p each representing approximately 21.78% of the Company's issued share capital.