5 May 2009 14:10
FAIRPOINT PLC
30 April 2009
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the
shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating to the
shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/
person discharging managerial responsibilities should complete boxes 1 to 3 and
17 to 24.
(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should complete
boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes in block capital letters.
1. Name of the issuer
FAIRPOINT PLC
2. State whether the notification relates to
(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
(i) A TRANSACTION NOTIFIED IN ACCORDANCE WITH DR3.1.4R(1)(a)
3. Name of person discharging managerial responsibilities/director
MATTHEW PEACOCK
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
Connected person: DAUPHIN CAPITAL LLC
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
THE NOTIFICATION RELATES TO THE PERSON REFERRED TO IN 4 ABOVE
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
1P ORDINARY SHARES
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
VIDACOS NOMINEES LIMITED - 9,730,635 SHARES ON BEHALF OF HANOVER MASTER FUND LP
HANOVER INVESTORS MANAGEMENT (CAYMAN) LTD - 180,000
DAUPHIN CAPITAL LLC - 152,825 after current purchase
8 State the nature of the transaction
PURCHASE OF SHARES
9. Number of shares, debentures or financial instruments relating to shares acquired
70,000 On 24 April 2009
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.36%
11. Number of shares, debentures or financial instruments relating to shares disposed
N/A
12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)
N/A
13. Price per share or value of transaction
70,000 SHARES PURCHASED AT 54.9p
14. Date and place of transaction
24 April 2009, LONDON
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when
calculating percentage)
VIDACOS NOMINEES LIMITED - 9,730,635 SHARES ON BEHALF OF HANOVER MASTER FUND LP - 22.70%
HANOVER INVESTORS MANAGEMENT (CAYMAN) LTD - 180,000 - 0.42%
DAUPHIN CAPITAL LLC - 152,825 - 0.36%
16. Date issuer informed of transaction
30 April 2009
If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes
17. Date of grant
N/A
18. Period during which or date on which it can be exercised
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved (class and number)
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise
N/A
22. Total number of shares or debentures over which options held following
notification
N/A
23. Any additional information
N/A
24. Name of contact and telephone number for queries
Michael Smith 0207 766 8408
Name and signature of duly authorised officer of issuer responsible for making
Notification
Date of notification
30 April 2009
Frp Advisory Group (FRP)