TIDMSTOB

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      No. of     No. of Ordinary       Percentage 
                 Shares held    Ordinary         Shares held        of Issued 
                    prior to      Shares           following    Share Capital 
                        Sale        Sold                Sale        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           Initial notification 
        /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                  Sale of Ordinary Shares in 
        transaction                    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

END

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(END) Dow Jones Newswires

September 22, 2017 10:48 ET (14:48 GMT)

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