A show of confidence here,,,,,,,,,,,,,,:-)
STOBART GROUP LIMITED
('Stobart' or 'the Group')
Director Shareholding
Stobart was notified on 24 October 2013 that Iain Ferguson, Chairman of the Group, bought 100,000 Ordinary Shares of 10 pence each in the Group on 24 October 2013 at an average price of 130p per share.
15,000 of these shares will be held by Iain Ferguson and 85,000 shares will be held by his wife, Catherine Ferguson, a Connected Person.
This disclosure is made pursuant to 3.1.4R of the Disclosure and Transparency Rules.
About Stobart Group
With over 5,900 employees operating from more than 50 sites across the UK and Europe, Stobart is a UK front-runner in the multimodal logistics, warehousing, civil engineering, rail infrastructure and biomass fuel sectors. At the core of the Group is the Transport and Distribution division, incorporating Eddie Stobart - the iconic name behind a huge road haulage fleet totalling some 2,400 vehicles, over 3,000 trailers and over seven million square feet of warehousing. Stobart Estates, Stobart Infrastructure and Civils, Stobart Air and Stobart Biomass divisions complete the Group's business structure.
Moving up,,,,,,,,,very good write up here and IMV VIP is in a good recovery play at the moment ,,,,
www.theel1tetrader.com/2013/10/vipera-upper-end-of-speculative.html
Good IMV,,,,,,,,now let's watch the recovery,,,,,,,,,,,and a nice divi while we wait .........all IMO @ DYOR
The Board considers that the property is in good condition and is located in a prime location near to the Tyne tunnel. It has engaged an agent to market the property on its behalf and the agent is confident that a tenant or an assignee can be found for the building in due course.
Jan Holmstrom, Chairman, commented:
"The settlement that has been agreed is in the best interests of the Group as a whole and will now enable the Board and management to concentrate on driving the business forward".