Correction: Transfer of Shares

RNS Number : 6040S

Stobart Group Limited

26 June 2018

 

CORRECTION: TRANSFER OF SHARES FROM TREASURY TO THE EMPLOYEE BENEFIT TRUST AND TOTAL VOTING RIGHTS

The following amendment has been made to the Transfer of shares from Treasury to the Employee Benefit Trust and Total Voting Rights announcement released on 26 June 2018 at 7.00am under RNS No 5317S.

The Company announces that, on 25 June 2018, it transferred 5,320,425 ordinary shares from Treasury to the Company's Employee Benefit Trust for nil consideration which will be used to satisfy awards granted by the Company under its long term incentive plan and obligations under other share schemes.

All other details remain unchanged.

The full amended text is shown below.

26 June 2018

Stobart Group Limited

('Stobart Group' or 'the Company')

Transfer of shares from Treasury to the Employee Benefit Trust and Total Voting Rights

The Company announces that, on 25 June 2018, it transferred 5,320,425 ordinary shares from Treasury to the Company's Employee Benefit Trust for nil consideration which will be used to satisfy awards granted by the Company under its long term incentive plan and obligations under other share schemes.

The Company's issued ordinary share capital consists of 354,328,831 ordinary shares of £0.10 each. Following the above transfer, the Company holds no shares in treasury. Therefore, the total number of voting rights in the Company is 354,328,831 which is the number which may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's shares under the FCA's Disclosure Guidance and Transparency Rules.

This notice is given in fulfilment of the obligations under Listing Rule 12.6.4

ENDS

Enquiries:

Redleaf Communications                                            [phone]

Charlie Geller                                                                   [e-mail]

Robin Tozer

 

END

 

 

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