Completion of Acquisition and

RNS Number : 6572J

Stobart Group Limited

05 December 2008

 



5 December 2008

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

Admission to Trading

Completion of Acquisition

The Board of Stobart is pleased to announce that the Admission of 15,753,425 new Ordinary Shares to trading on the Official List of the London Stock Exchange occurred at 8.00a.m. today. Accordingly Stobart announces that the acquisition of Southend Airport has completed. The New Ordinary Shares rank pari passu with the Existing Ordinary Shares of 10p in all respects.

Following Admission of the New Ordinary Shares, the Company announces that its share capital consists of 241,746,320 ordinary shares of 10p each with voting rights. 

The above figure (241,746,320) 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, Stobart under the FSA's Disclosure and Transparency Rules. 

Capitalised terms have the same meaning as per the announcement released on 2 December 2008

For further information please contact:

Stobart Group	01925 605400
Andrew Tinkler, Chief Executive Officer Ben Whawell, Chief Financial Officer Julie Gaskell, Head of Communications
Investec	0207 597 4000
Michael Lacey-Solymar Erik Anderson
College Hill	0207 457 2020
Mark Garraway Gareth David

 

END

 

 

MSCGGMGZVKFGRZM