Initial share buy by Stobart non-exec
Oct 26, 2009
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Daniel Dayan, who was appointed a non-executive director of Stobart Group in July, has bought 40,000 shares following the release of the transport group's interim figures last week. Dayan held no shares before this purchase.
Stobart reported an increase in pre-tax profits from £11m to £12.4m in the six months to August 2009. Revenues improved from £199m to £218m. New contracts have been won with Tesco and Nestle.
Stobart chief executive Andrew Tinkler has separately revealed that he has pledged 7.3m of his shares as security for a loan. He owns 30.5m shares, equivalent to 12.15% of Stobart.
Chief operating officer William Stobart has pledged 2.7m of his shares in security for a loan. He owns 11.1m shares, or 4.42% of the issued capital.
Top Director Buys
designcapital (DESC)
Director name: Mr Philippe Herve
Amount purchased: 442,926 @ 13.00p
Value: £57,580
Stobart Group (STOB)
Director name: Mr Daniel Dayan
Amount purchased: 40,000 @ 125.46p
Value: £50,200
African Aura Mining (AAAM)
Director name: Mr Guido (Guy) E Pas
Amount purchased: 45,000 @ 78.00p
Value: £35,100
Inland (INL)
Director name: Mr Stephen Desmond Wicks
Amount purchased: 225,000 @ 14.00p
Value: £31,500
Portmeirion (PMP)
Director name: Mr B.W.J. Phillips
Amount purchased: 10,000 @ 280.00p
Value: £28,000
Gleeson (M J) Group (GLE)
Director name: Mr Nicholas Christopher Holt
Amount purchased: 18,151 @ 109.00p
Value: £19,785
Hill and Smith (HILS)
Director name: Mr Clive Snowdon
Amount purchased: 5,000 @ 330.00p
Value: £16,500
Money Debt & Credit Group (MDCG)
Director name: Mr Simon Johnson
Amount purchased: 369,415 @ 4.30p
Value: £15,885
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