Admission of ordinary shares in the Company

RNS Number : 8297L

Stobart Group Limited

05 August 2011

 

5^th August 2011

STOBART GROUP LIMITED

('Stobart' or the 'Company')

Admission of ordinary shares in the Company

Stobart announces that it has made application for the admission to the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities ("Admission") for 250,000 ordinary shares of 10 pence each in the capital of the Company. These are to be issued following the exercise of nil cost options. It is expected that Admission of these ordinary shares will become effective on 10 August 2011.

In accordance with DTR 5.6.1, the Company announces that following Admission of the ordinary shares of the Company referred to above, the Company's issued share capital will consist of 348,561,130 ordinary shares of 10 pence each with voting rights. The Company currently holds no ordinary shares in treasury. Therefore, the total number of voting rights in the Company will be 348,561,130. This 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, the Company under the FSA's Disclosure and Transparency Rules.

ENDS

About Stobart Group

Stobart Group is listed on the London Stock Exchange in the FTSE250 (LSE:STOB). Operating from over 40 sites across the UK and Europe, Stobart Group 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 Stobart Transport and Distribution division, incorporating Eddie Stobart - the iconic name behind a huge road haulage fleet totalling some 2,250 tractor units and over six million square feet of warehousing. Stobart Estates, Stobart Infrastructure and Civils, Stobart Air and Stobart Biomass divisions complete the Group's corporate structure.

www.stobartgroup.co.uk 

Enquiries:

Richard Butcher                                  01228 882 300

Company Secretary

 

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