TIDMSTOB

RNS Number : 7940Y

Stobart Group Limited

07 March 2017

The following amendments have been made to the Director/PDMR Shareholding announcement released on 28 February 2017 at 07.00am under RNS number 9879X.

"Stobart Group Ltd, the infrastructure and support services group, has today been notified that, on 24 February 2017, Warwick Brady, Deputy CEO of the Group acquired 27,100 Ordinary Shares in the Company at a weighted average price of 191.7 pence per Ordinary Share."

The Template for notification and public disclosure of transactions by persons discharging managerial responsibilities has also been updated to reflect the amendment to the date of the transaction. All other details remain unchanged.

The full amended text is shown below.

28 February 2017

Stobart Group Limited

('Stobart' or 'the Group' or 'the Company')

Director/PDMR Shareholding

Stobart Group Ltd, the infrastructure and support services group, has today been notified that, on 24 February 2017, Warwick Brady, Deputy CEO of the Group acquired 27,100 Ordinary Shares in the Company at a weighted average price of 191.7 pence per Ordinary Share.

Warwick's holding is as follows:

 
 Director     No. of Ordinary       No. of   No. of Ordinary       Percentage 
                  Shares held     Ordinary       Shares held        of Issued 
                     prior to       Shares         following    Share Capital 
                     Purchase    Purchased          Purchase        following 
                                                                     Purchase 
 Warwick 
  Brady                     -       27,100            27,100          0.0076%

Notification and public disclosure of transactions by persons discharging managerial responsibilities and person closely associated with them

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------- 
 a)    Name                          Warwick Brady 
----  ----------------------------  ------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------- 
 a)    Position/status               Deputy Chief Executive Officer 
----  ----------------------------  ------------------------------------- 
 b)    Initial notification          Amendment 
        /Amendment 
----  ----------------------------  ------------------------------------- 
 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                Ordinary Shares of 10 pence 
        the financial                 each in Stobart Group Ltd 
        instrument, type 
        of instrument 
---- 
       Identification                ISIN: GB00B03HDJ73 
        code 
---- 
 b)    Nature of the                 Acquisition of Ordinary Shares 
        transaction                   in Stobart Group Ltd 
----  ----------------------------  ------------------------------------- 
 c)    Price(s) and volume(s) 
----                                 -------------------  ------------- 
                                      Price(s)             Volume(s) 
----                                 -------------------  ------------- 
    191.75 pence 
     per share                                             26,000 
   -----------------------------------------------------  ------------- 
    190.40 pence 
     per share                                             1,100 
   -----------------------------------------------------  ------------- 
 d)    Aggregated information 
---- 
  - Aggregated volume           27,100 
 
  - Price                       GBP51,949.40 
 
 e)    Date of the transaction       24 February 2017 
----  ----------------------------  ------------------------------------- 
 f)    Place of the transaction      London Stock Exchange (XLON) 
----  ----------------------------  -------------------------------------

Enquiries:

   Stobart Group Limited                                                  C/o Redleaf Communications

Andrew Tinkler, Chief Executive Officer

Mark Adams, Chief Financial Officer

   Redleaf Communications                                            +44 207 382 4730

Charlie Geller Stobart@redleafpr.com

Sam Modlin

   Influence Associates                                                      +44 207 287 9610

Stuart Dyble

James Andrew

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 07, 2017 12:22 ET (17:22 GMT)

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