In June, Andrew Tinkler stepped down from his role as chief executive Stobart Group (STOB) to set up a new entity called Stobart Capital. The “value creation unit” looks for investment opportunities, which should free up members of the energy, aviation, rail and infrastructure teams to focus on their existing business rather than searching for new opportunities. Although they share a name, Stobart Group and Stobart Capital operate independently from one another. Stobart Group has the option to invest in projects identified by the latter, as do other outside investors.
Mr Tinkler, who splits his time between his role as an executive director at Stobart Group and as chairman of Stobart Capital, has sold 1.25m ordinary shares in Stobart Group at 291.05p each. The £3.6m raised from the transaction will be channelled into Stobart Capital, according to a representative for the company. The money hasn't been earmarked for a specific deal, but there are a number in the pipeline. Even after the disposal, Mr Tinkler still holds more than 27m shares in Stobart Group, or 7.73 per cent of issued share capital.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Anpario | Peter Lawrence (ch) | 19 Sep 17 | 3,334 | 368.6 | 12,289 | 36,684 | 0.160 |
Anpario | Peter Lawrence (ch) | 20 Sep 17 | 26,666 | 380 | 101,331 | 63,350 | 0.276 |
Diversified Gas & Oil | Martin Thomas | 14 Sep 17 | 33,500 | 74.68 | 25,018 | 2,033,500 | 1.402 |
Diversified Gas & Oil | David Johnson | 14 Sep 17 | 33,500 | 74.68 | 25,018 | 133,500 | 0.092 |
Empiric Student Property | Paul Hadaway (ceo) | 14 Sep 17 | 46,000 | 107.185 | 49,305 | 1,532,775 | 0.254 |
FBD | Liam Herlihy (ch) | 18 Sep 17 | 5,000 | 823.8671 | 41,193 | 8,000 | 0.023 |
Flowgroup | Tony Stiff (ceo) | 19 Sep 17 | 861,379 | 0.87 | 7,494 | 10,432,515 | 0.733 |
Flowgroup | Tony Stiff (ceo) | 19 Sep 17 | 1,115,277 | 0.8961 | 9,994 | 6,731,023 | 0.473 |
Flowgroup | Tony Stiff (ceo) | 19 Sep 17 | 1,150,057 | 0.869 | 9,994 | 11,582,572 | 0.814 |
Flowgroup | Tony Stiff (ceo) | 19 Sep 17 | 1,150,189 | 0.8689 | 9,994 | 12,732,761 | 0.894 |
Flowgroup | Tony Stiff (ceo) | 19 Sep 17 | 1,175,764 | 0.85 | 9,994 | 16,848,877 | 1.184 |
Flowgroup | Tony Stiff (ceo) | 19 Sep 17 | 2,840,113 | 0.88 | 24,993 | 9,571,136 | 0.672 |
Flowgroup | Tony Stiff (ceo) | 19 Sep 17 | 2,940,352 | 0.85 | 24,993 | 15,673,113 | 1.101 |
Forbidden Technologies | Ian McDonough (ceo) | 14 Sep 17 | 762,862 | 5.24 | 39,974 | 762,862 | 0.423 |
Franchise Brands | Chris Dent (cfo) | 14 Sep 17 | 15,000 | 64.5 | 9,675 | 15,000 | 0.019 |
Franchise Brands | David Poutney | 14 Sep 17 | 85,000 | 62 | 52,700 | 2,118,970 | 2.726 |
Franchise Brands | Nigel Wray | 14 Sep 17 | 85,000 | 62 | 52,700 | 21,628,120 | 27.824 |
Franchise Brands | Stephen Hemsley (ch) | 14 Sep 17 | 85,000 | 62 | 52,700 | 20,548,117 | 26.435 |
Galileo Resources♥* | Colin Bird (ch & ceo) | 14 Sep 17 | 2,500,000 | 2 | 50,000 | 51,935,000 | 20.399 |
Greencore♥ | Eoin Tonge (cfo) | 15 Sep 17 | 25,000 | 187 | 46,750 | 421,818 | 0.060 |
Hunters Property | Ed Jones (cfo) | 15 Sep 17 | 13,091 | 49 | 6,415 | 3,736,129 | 11.757 |
Hunters Property | Kevin Hollinrake (ch) | 15 Sep 17 | 8,227 | 49 | 4,031 | 4,223,185 | 13.290 |
Hunters Property | Glynis Frew (ceo) | 15 Sep 17 | 13,091 | 49 | 6,415 | 1,757,122 | 5.530 |
Ingenta♥ | Max Royde | 14 Sep 17 | 12,000 | 152 | 18,240 | 4,494,254 | 26.562 |
Ingenta♥ | Max Royde | 18 Sep 17 | 20,000 | 152 | 30,400 | 4,514,254 | 26.681 |
Intermediate Capital | Peter Gibbs | 15 Sep 17 | 30,000 | 841.53 | 252,459 | 30,000 | 0.010 |
Interserve♥ | Debbie White (ceo) | 15 Sep 17 | 65,408 | 76.0521 | 49,744 | 65,408 | 0.045 |
Interserve | Glyn Barker (ch) | 18 Sep 17 | 62,500 | 89.714 | 56,071 | 88,300 | 0.061 |
Interserve | Gareth Edwards | 18 Sep 17 | 21,350 | 98 | 20,923 | 21,350 | 0.015 |
Joules | Marc Dench (cfo) | 14 Sep 17 | 6,363 | 275 | 17,498 | 88,863 | 0.102 |
Land Securities | Alison Carnwath (ch) | 18 Sep 17 | 10,050 | 978.02 | 98,291 | 163,742 | 0.021 |
Majestic Wine♥ | Jennifer Crawford (cfo) | 14 Sep 17 | 3,500 | 314 | 10,990 | 45,797 | 0.064 |
National Express | Dean Finch (ceo) | 18 Sep 17 | 14,200 | 347.39 | 49,329 | 151,798 | 0.030 |
Oakley Capital Investments | Caroline Foulger | 14 Sep 17 | 61,000 | 164 | 100,040 | 122,000 | 0.060 |
Ovoca Gold | Kirill Golovanov | 18 Sep 17 | 3,250,000 | 8.5 | 276,250 | 19,506,203 | 23.915 |
Personal Assets Trust♥ | Jean Sharp | 19 Sep 17 | 4 | 40436 | 1,617 | 972 | 0.046 |
Personal Assets Trust | Robin Angus | 19 Sep 17 | 4 | 40436 | 1,617 | 4,579 | 0.219 |
Personal Assets Trust♥ | Robin Angus | 19 Sep 17 | 4 | 40436 | 1,617 | 4,583 | 0.219 |
Polymetal International | Vitaly Nesis (ceo) | 19 Sep 17 | 703 | 811 | 5,701 | 3,164,128 | 0.736 |
Polymetal International | Vitaly Nesis (ceo) | 19 Sep 17 | 1,982 | 812 | 16,094 | 3,200,709 | 0.744 |
Polymetal International | Vitaly Nesis (ceo) | 19 Sep 17 | 3,929 | 811.5 | 31,884 | 3,198,727 | 0.744 |
Polymetal International | Vitaly Nesis (ceo) | 19 Sep 17 | 10,670 | 811.5 | 86,587 | 3,174,798 | 0.738 |
Polymetal International | Vitaly Nesis (ceo) | 19 Sep 17 | 12,716 | 809.5 | 102,936 | 3,163,425 | 0.735 |
Polymetal International | Vitaly Nesis (ceo) | 19 Sep 17 | 20,000 | 812.5 | 162,500 | 3,194,798 | 0.743 |
Polymetal International | Marina Grönberg | 19 Sep 17 | 1,400 | 817 | 11,438 | 17,400 | 0.004 |
Polymetal International♥ | Marina Grönberg | 19 Sep 17 | 6,000 | 812.3 | 48,738 | 23,400 | 0.005 |
Regional Reit | William Eason | 19 Sep 17 | 100,000 | 100.75 | 100,750 | 200,000 | 0.067 |
Rolls-Royce | Beverly Goulet | 15 Sep 17 | 4,250 | 885.34 | 37,627 | 4,250 | 0.000 |
Tatton Asset Management | Lothar Mentel | 19 Sep 17 | 50,000 | 180 | 90,000 | 513,419 | 0.918 |
Tatton Asset Management | Lothar Mentel | 19 Sep 17 | 65,615 | 178 | 116,795 | 579,034 | 1.036 |
Tatton Asset Management | Lothar Mentel | 20 Sep 17 | 10,000 | 179.72 | 17,972 | 589,034 | 1.054 |
Tatton Asset Management | Lothar Mentel | 20 Sep 17 | 10,000 | 179.7625 | 17,976 | 599,034 | 1.071 |
Tatton Asset Management | Lothar Mentel | 20 Sep 17 | 13,000 | 180 | 23,400 | 612,034 | 1.095 |
Ten Entertainment | Robert McWilliam | 14 Sep 17 | 10,000 | 174.6725 | 17,467 | 10,000 | 0.015 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Cropper (James)♥ | Dave Watson | 14 Sep 17 | 1,100 | 1900 | 20,900 | 257 | 0.003 |
Gamma Communications | Andrew Stone | 18 Sep 17 | 32,000 | 580 | 185,600 | 648,500 | 0.695 |
Gamma Communications | Andrew Stone | 19 Sep 17 | 18,000 | 580.75 | 104,535 | 630,500 | 0.676 |
Metro Bank | Stuart Bernau | 19 Sep 17 | 4,000 | 3424 | 136,960 | 53,654 | 0.061 |
Stobart | Andrew Tinkler | 19 Sep 17 | 1,250,000 | 291.05 | 3,638,125 | 27,226,811 | 7.734 |
*Placing/tender/open offer ♥Spouse/connected party |