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RNS Number : 6175R
Stobart Group Limited
22 September 2017
 

22 September 2017

Stobart Group Limited

('the Company' or 'Stobart Group')

 

Director Shareholding

Stobart Group Limited, the infrastructure and support services group, was notified on 21 September 2017 that on 21 September 2017   Andrew Tinkler, Executive Director of Stobart Group  sold  250,000   Ordinary Shares in the Company at a price of 285 pence per share.

This sale was made in accordance with a Trading Plan referred to in the announcement dated 20 September 2017.

Following the sale, Andrew's holding is as follows:

Director

No. of Ordinary Shares held prior to Sale

No. of Ordinary Shares Sold

No. of Ordinary Shares held following Sale

Percentage of Issued Share Capital following Sale

 

Andrew Tinkler

27,226,811

 250,000 

        26,976,811 

7.66%

 

 

Notes

The Company's issued share capital consists of 354,328,831 ordinary shares, of which 2,285,425 ordinary shares are held in treasury. Therefore, the total number of voting rights in the Company, as at 20 September 2017, is 352,043,406.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Tinkler

2

Reason for the notification

a)

Position/status

Executive Director

b)

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Stobart Group Limited

b)

LEI

213800BINQVRZFKA3E89

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

Ordinary Shares of 10 pence each in Stobart Group Ltd

Identification code

ISIN: GB00B03HDJ73

b)

Nature of the transaction

Sale of Ordinary Shares in Stobart Group Ltd

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

 

285 pence

250,000

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

250,000

- Price

285 pence

e)

Date of the transaction

21  September 2017

f)

Place of the transaction

London Stock Exchange (XLON)

 

Enquiries:

Stobart Group Limited                                                  C/o Redleaf Communications

Warwick Brady

 

Redleaf Communications                                            +44 207 382 4730

Charlie Geller                                                                    Stobart@redleafpr.com

Sam Modlin

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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