Frp Advisory Group Regulatory News (FRP)

11 Mar 2008 15:09

Fairpoint Group PLC11 March 2008 Fairpoint Group plc ("the Company") Re Additional Listing On 7 March 2008, the Company announced that, as a result of the exercise ofoptions by employees, application had been made to AIM for the admission of68,278 ordinary shares of 1p each in the Company to trading. The Company would like to update the market that, due to the decline in theCompany's share price since the Board meeting to approve the exercise of theoptions, there has been a reduction in the number of people exercising theiroptions at this stage and the number of shares for which application for tradinghas been made is 37,661 ordinary shares of 1p each and not 68,278 as previouslyannounced. Admission of the 37,661 ordinary shares, which will rank pari passu in allrespects with the existing shares in issue, is expected to occur on 13 March2008. Enquiries: Fairpoint Group plcAndrew Redmond, Chief Executive Officer 0845 296 0100 Numis SecuritiesLee Aston 020 7260 1000 This information is provided by RNS The company news service from the London Stock Exchange