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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Frp Advisory Group Plc | LSE:FRP | London | Ordinary Share | GB00BL9BW044 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.50 | -0.45% | 111.50 | 111.00 | 112.00 | 112.00 | 111.50 | 112.00 | 233,169 | 11:18:42 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Consulting Svcs,nec | 104M | 12.7M | 0.0506 | 22.04 | 279.79M |
Dow Jones received a payment from EQS/DGAP to publish this press release.
Fairpoint Group plc (FRP) Fairpoint Group plc: Disposal of Subsidiary 01-Sep-2017 / 16:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Fairpoint Group PLC ("Fairpoint" or "the Group") Disposal of Subsidiary Fairpoint Group plc (in administration) ('Group') announces the conditional sale of the entire issued share capital of its wholly owned subsidiary, IVA Insurance Limited to Barkol Limited. The sale will be overseen by Group's Joint Administrators, Lindsey Cooper, Gareth Harris and Alexander Kinninmonth of RSM Restructuring Advisory LLP and will complete on confirmation of the purchaser's regulatory authorisation. The relevant business address of RSM Restructuring Advisory LLP is 3 Hardman Street, Manchester M3 3HF. IVA Insurance Limited is a reinsurance captive specialising in consumer claims. As at 31 December 2016, IVA Insurance Limited had gross assets of GBP624,798. The consideration comprises a cash payment of GBP450,001, with an additional amount equivalent to cash balances held by the company being payable on completion. The consideration will form part of the proceeds available for distribution by the Joint Administrators to the creditors of Group. For enquiries please contact RSM Restructuring Advisory LLP Gemma Moorhouse gemma.moorhouse@rsmuk.com 0113 285 5000 Language: English ISIN: GB0032360280 Category Code: DIS TIDM: FRP Sequence No.: 4587 End of Announcement EQS News Service 606367 01-Sep-2017
(END) Dow Jones Newswires
September 04, 2017 06:33 ET (10:33 GMT)
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