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STOB Stobart Group Ld

34.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Stobart Group Ld LSE:STOB London Ordinary Share GB00B03HDJ73 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 34.50 34.55 34.95 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Stobart Group Limited Statement in relation to press speculation (1219Y)

04/09/2020 3:40pm

UK Regulatory


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RNS Number : 1219Y

Stobart Group Limited

04 September 2020

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) no. 596/2014.

4 September 2020

STOBART GROUP LIMITED

('Stobart Group' or 'the Company')

Statement in relation to press speculation

Stobart Group, the aviation and energy infrastructure group, notes the article in the Irish Independent today regarding Stobart Air.

Our AGM statement on 30 July 2020 stated that we had commenced early discussions with potential partners around the long-term future of Stobart Air. As part of this process, we can confirm that we are in early stage discussions with a number of parties including Falko Regional Aircraft Limited regarding the potential sale of Stobart Group's stake in Stobart Air and Propius, and there can be no certainty that any transaction will be forthcoming or whether acceptable terms will be agreed.

The person responsible for arranging the release of this announcement on behalf of Stobart Group is Louise Brace, Company Secretary.

 
Enquiries: 
 
Stobart Group Limited                   C/o Newgate Communications 
Charlie Geller, Group Communications 
 Director 
 
Newgate Communications                  +44 203 757 3406 
                                        +44 203 757 6884 
Giles Croot                             stobart@newgatecomms.com 
Ian Silvera 
Isabelle Smurfit 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

SPCEALNLEDPEEFA

(END) Dow Jones Newswires

September 04, 2020 10:40 ET (14:40 GMT)

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