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BRIEF-Fairpoint Group Plc says appoints joint administrators
August 10, 2017 / 1:04 PM / 4 months ago

BRIEF-Fairpoint Group Plc says appoints joint administrators

Aug 10 (Reuters) - Fairpoint Group Plc:

* APPOINTMENT OF ADMINISTRATORS

* SANDY KINNINMONTH, LINDSEY COOPER AND GARETH HARRIS OF RSM RESTRUCTURING ADVISORY LLP HAVE BEEN APPOINTED AS JOINT ADMINISTRATORS

* DIRECTORS INTEND TO CONTINUE TO WORK WITH ADMINISTRATORS OF FAIRPOINT GROUP PLC IN ORDER TO TRY AND PRESERVE ANY REMAINING STAKEHOLDER VALUE

* DAVID BROADBENT, CHIEF EXECUTIVE OFFICER, TO LEAVE BOARD WITH IMMEDIATE EFFECT

* SHORE CAPITAL AND CORPORATE LIMITED HAS RESIGNED AS NOMINATED ADVISER AND SHORE CAPITAL STOCKBROKERS LIMITED AS BROKER TO COMPANY WITH IMMEDIATE EFFEC

* SUSPENSION TO TRADING IN COMPANY‘S SHARES ON AIM AS ANNOUNCED ON 28 JUNE 2017 REMAINS EFFECTIVE Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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