30th Jul 2014 17:10
30 July 2014
STOBART GROUP LIMITED
('Stobart' or 'the Company')
Director/PDMR Shareholdings
In light of their exceptional contribution to the restructuring and reorganisation of Stobart Group over the 2013/14 financial year, the three Executive Directors have received awards under the annual bonus plan from the Stobart Group Employee Benefit Trust ("EBT"). On 29 July 2014, the trustees of the EBT transferred ordinary shares of 10 pence each in the share capital of the Company ("Shares") for nil consideration as shown below.
Director | No. of Shares awarded | No. of Shares retained | No. of Shares held following transaction |
Andrew Tinkler | 230,769 | 122,308 | 31,301,750 |
Ben Whawell | 230,769 | 122,308 | 305,884 |
Richard Butcher | 230,769 | 122,308 | 240,173 |
The Directors shall be liable for any income tax and primary Class 1 National Insurance contributions that may arise on the transfer of Shares and a proportion of the Shares awarded have been sold to meet those liabilities.
There has been no change to the issued share capital of the Company as a result of the above transfer. The total number of voting rights in Stobart, excluding treasury shares, 328,265,831.
This disclosure is made pursuant to 3.1.4R of the Disclosure and Transparency Rules.
Enquiries:
Stobart | +44 020 7851 9090 | ||
Andrew Tinkler, Chief Executive Officer Ben Whawell, Chief Financial Officer | |||
Lansons | |||
Tony Langham ([email protected]) | +44 20 7294 3617 / +44 7979 692287 | ||
Anna Schirmer ([email protected]) | +44 20 7294 3605
| ||
Influence Associates | +44 20 7287 9610 | ||
Stuart Dyble/James Andrew |
Related Shares:
STOB.L