Director/PDMR Shareholding

RNS Number : 9087Z

Stobart Group Limited

22 March 2012

 



22 March 2012

Director's interest following issuance of consideration shares in relation to the Related Party Acquisition of WADI Properties Limited

Subsequent to the admission to trading of 5,399,742 Ordinary Shares of 10p issued to W.A. Developments International Limited, a company ultimately owned by William Andrew Tinkler and William Stobart, in relation to the Related Party Acquisition of WADI Properties Limited by Stobart Group Limited ("Stobart" or the "Group") on 28 February 2012, it is confirmed that William Andrew Tinkler and William Stobart's interest in Stobart has changed as follows:

Position before admission to trading of 5,399,742 consideration shares of 10p

NAME	NUMBER OF SHARES	% OF ISSUED SHARE CAPITAL
William Andrew Tinkler	28,479,759	8.17
William Stobart	9,971,482	2.86
TOTAL	38,451,241	11.03

Position after admission to trading of 5,399,742 consideration shares of 10p

NAME	NUMBER OF SHARES	% OF ISSUED SHARE CAPITAL
William Andrew Tinkler	28,479,759	8.05
William Stobart	9,971,482	2.82
W.A. Developments International	5,399,742	1.53
TOTAL	43,850,983	12.39

Following the issue of consideration shares and recent share buybacks the total issued share capital of Stobart is 349,000,357. William Stobart is interested in 11,429,412 Ordinary Shares representing 3.27% of the issued share capital of Stobart and William Andrew Tinkler is interested in 32,421,571 Ordinary Shares representing 9.29% of the issued share capital of Stobart.

For further information contact:

Stobart Group

Rodney Baker-Bates, Non-Executive Chairman              [phone]

Investec

Patrick Robb/Rowena Murray                                        [phone]

i-nfluence

Stuart Dyble/James Andrew                                          [phone]

Square 1 Consulting

David Bick/Mark Longson                                              [phone]

Terms defined in the Circular have the same meaning in this announcement, unless the context requires otherwise.

 

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