22 Sep 2017 15:48
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) |
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| Price(s) | Volume(s) |
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| 285 pence | 250,000 |
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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