Transaction in Own Shares

RNS Number : 2011F

Stobart Group Limited

16 May 2017

 

16 May 2017

Stobart Group Limited

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

 Transaction in Own Shares

Stobart Group Limited, the infrastructure and support services group, announces that the Company yesterday acquired 57,500 ordinary shares of 10 pence in the Company ("Shares") at an average price of 249.43 pence per Share. The highest price paid per Share was 250 pence and the lowest price paid per Share was 248 pence. The Shares acquired will be held by the Company as treasury shares.

Following the above purchase, the Company's issued ordinary share capital consists of 354,328,831 shares, of which a total of 97,500 ordinary shares are held in treasury. Therefore the total number of Shares with voting rights in Stobart is 354,231,331 Shares.

The above figure of 354,231,331 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 FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Stobart Group Limited                                                  C/o Redleaf Communications

Andrew Tinkler

Redleaf Communications                                            [phone]

Charlie Geller                                                                    [e-mail]

Sam Modlin

Influence Associates                                                      [phone]

Stuart Dyble

James Andrew

 

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