REG - Stobart Group Ltd - Director/PDMR Shareholding

EskenAnnouncement

27/06/2018 18:25

RNS Number : 8251S
Stobart Group Limited
27 June 2018
 


27 June 2018
Stobart Group Limited
('Stobart' or the 'Company)
Director/PDMR Shareholding
Stobart Group Limited announces that Richard Laycock, Executive Director, has exercised the entirety of the nil-cost 2014 LTIP Award which vested on 22 June 2018.   Upon such exercise, Mr Laycock acquired, in aggregate, 204,120 ordinary shares. He has subsequently sold, in aggregate, 108,184 of such ordinary shares in order to satisfy tax liabilities arising upon exercise of the award. 
Full details of the exercise and the subsequent sales are set out below.
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Enquiries:
Stobart Group Limited                                                  C/o Redleaf Communications
Warwick Brady
 
Redleaf Communications                                            +44 207 382 4730
Charlie Geller                                                                    Stobart@redleafpr.com
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Richard Laycock




2


Reason for the notification




a)


Position/status


Chief Financial Officer




b)


Initial notification /Amendment


Initial Notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Stobart Group Limited




b)


LEI


213800BINQVRZFKA3E89




4
 


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




Transaction 1




a)
 


Description of the financial instrument, type of instrument


Ordinary Shares of 10 pence each in Stobart Group Ltd




Identification code


ISIN: GB00B03HDJ73




b)


Nature of the transaction


Acquisition of 5149 ordinary shares on exercise of nil cost LTIP award




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


 


0.00


5149


 
 
 




d)
 


Aggregated information


 




- Aggregated volume


 




- Price


 




e)


Date of the transaction


2018-06-22




f)


Place of the transaction


London Stock Exchange - XLON




Transaction 2




a)
 


Description of the financial instrument, type of instrument


Ordinary Shares of 10 pence each in Stobart Group Ltd




Identification code


ISIN: GB00B03HDJ73




b)


Nature of the transaction


Sale of 2,420 ordinary shares to satisfy tax liability arising on exercise of LTIP award




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


 


2.47


1527


 
 
 




 


 


 


2.42


893


 




d)
 


Aggregated information


 




- Aggregated volume


2420




- Price


2.45




e)


Date of the transaction


2018-06-22




f)


Place of the transaction


London Stock Exchange - XLON




Transaction 3




a)
 


Description of the financial instrument, type of instrument


Ordinary Shares of 10 pence each in Stobart Group Ltd




Identification code


ISIN: GB00B03HDJ73




b)


Nature of the transaction


Acquisition of 24,523 ordinary shares on exercise of nil cost LTIP award




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


 


0.00


24523


 
 
 




d)
 


Aggregated information


 




- Aggregated volume


 




- Price


 




e)


Date of the transaction


2018-06-25




f)


Place of the transaction


London Stock Exchange - XLON




Transaction 4




a)
 


Description of the financial instrument, type of instrument


Ordinary Shares of 10 pence each in Stobart Group Ltd




Identification code


ISIN: GB00B03HDJ73




b)


Nature of the transaction


Sale of 11,526 ordinary shares to satisfy tax liabilty arising on exercise of LTIP award.




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


 


2.40


11526


 
 
 




d)
 


Aggregated information


 




- Aggregated volume


11526




- Price


2.40




e)


Date of the transaction


2018-06-25




f)


Place of the transaction


London Stock Exchange - XLON       




Transaction 5




a)
 


Description of the financial instrument, type of instrument


Ordinary Shares of 10 pence each in Stobart Group Ltd




Identification code


ISIN: GB00B03HDJ73




b)


Nature of the transaction


Acquisition of 938 ordinary shares on exercise of nil cost LTIP award




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


 


0.00


938


 
 
 




d)
 


Aggregated information


 




- Aggregated volume


938




- Price


0.00




e)


Date of the transaction


2018-06-26




f)


Place of the transaction


London Stock Exchange - XLON




Transaction 6




a)
 


Description of the financial instrument, type of instrument


Ordinary Shares of 10 pence each in Stobart Group Ltd




Identification code


ISIN: GB00B03HDJ73




b)


Nature of the transaction


Sale of 441 ordinary shares to satisfy tax liability arising on exercise of LTIP award.




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


 


2.40


441


 
 
 




d)
 


Aggregated information


 




- Aggregated volume


441




- Price


2.40




e)


Date of the transaction


2018-06-26




f)


Place of the transaction


London Stock Exchange - XLON




Transaction 7




a)
 


Description of the financial instrument, type of instrument


Ordinary Shares of 10 pence each in Stobart Group Ltd




Identification code


ISIN: GB00B03HDJ73




b)


Nature of the transaction


Acquisition of 173,510 ordinary shares on exercise of nil cost LTIP award.




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


 


0.00


173510


 
 
 




d)
 


Aggregated information


 




- Aggregated volume


173510




- Price


0.00




e)


Date of the transaction


2018-06-27




f)


Place of the transaction


London Stock Exchange - XLON




Transaction 8




a)
 


Description of the financial instrument, type of instrument


Ordinary Shares of 10 pence each in Stobart Group Ltd




Identification code


ISIN: GB00B03HDJ73




b)


Nature of the transaction


Sale of 81,549 ordinary shares to satisfy tax liability arising on exercise of LTIP award.




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


 


2.36


81549


 
 
 




d)
 


Aggregated information


 




- Aggregated volume


81549




- Price


2.36




e)


Date of the transaction


2018-06-27




f)


Place of the transaction


London Stock Exchange - XLON




 
 




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