Fairpoint shares suspended as bank pulls support
AIM-listed consumer professional services company Fairpoint Group has suspended trading in its shares on AIM after its bank refused to provide ongoing financial support.
The Lancashire company has been notified by bank AIB Group that it is unwilling to provide the level of on-going support requested by the company.
This means the group is unable to sign-off the audit of its annual report and accounts for 2016, and will not be in a position to publish its annual report and accounts by the end of the month, as required by AIM rule... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
