Director/PDMR Shareholding Replacement

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 Shares held prior to Purchase	No. of Ordinary Shares Purchased	No. of Ordinary Shares held following Purchase	Percentage of Issued Share Capital 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 the financial instrument, type of instrument	Ordinary Shares of 10 pence each in Stobart Group Ltd
	Identification code	ISIN: GB00B03HDJ73
b)	Nature of the transaction	Acquisition of Ordinary Shares 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	£51,949.40
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                                            [phone]

Charlie Geller                                                                    [e-mail]

Sam Modlin

Influence Associates                                                      [phone]

Stuart Dyble

James Andrew

 

END

 

 

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