Director/PDMR Shareholding and Total Voting Rights (0741K)
08 Luglio 2011 - 3:13PM
UK Regulatory
TIDMSTOB
RNS Number : 0741K
Stobart Group Limited
08 July 2011
8 July 2011 For immediate release
Stobart Group Limited ("Stobart" or the "Company")
Director / PDMR Dealings and Total Voting Rights
The Company has been informed that Ben Whawell, Group Finance
Director, and Richard Butcher, Deputy Chief Executive Officer, sold
55,000 ordinary shares each at a price of 144p per share on 7 July
2011. The shares were sold to pay the tax liability arising on
shares vesting under the Company's LTIP scheme in March 2011. Ben
and Richard were restricted from selling the shares at the time due
to the placing transaction that was announced by the Company on 21
April and completed on 18 May 2011.
Following the sale of shares, Ben Whawell remains interested in
118,266 ordinary shares, representing 0.03 per cent. of the
Company's total issued share capital, and Richard Butcher remains
interested in 54,240 ordinary shares, representing 0.02 per cent.
of the Company's total issued share capital.
In accordance with Disclosure and Transparency Rule 5.6.1, the
issued share capital of Stobart as at 7 July 2011 comprised
348,311,130 ordinary shares of 10p each with voting rights. There
are no shares held in treasury.
The above figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest
in, Stobart under the FSA's Disclosure and Transparency Rules.
For enquiries:
Richard Butcher 01925 605 400
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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