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Completion of Acquisition and Admission to Trading

5th Dec 2008 16:12

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

This information is provided by RNS
The company news service from the London Stock Exchange
 
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