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Stobart Group Ltd (STOB.L)

STOB.L on London Stock Exchange

21.30GBp
21 Sep 2020
Change (% chg)

-0.95 (-4.27%)
Prev Close
22.25
Open
22.55
Day's High
22.55
Day's Low
19.00
Volume
2,868,540
Avg. Vol
2,436,985
52-wk High
126.59
52-wk Low
18.72

Latest Key Developments (Source: Significant Developments)

Stobart Group Says Co In Early Stage Talks On Potential Sale Of Stake In Stobart Air And Propius
Friday, 4 Sep 2020 

Sept 4 (Reuters) - Stobart Group Ltd ::STOBART GROUP LTD - STATEMENT IN RELATION TO PRESS SPECULATION.STOBART GROUP LTD - CAN CONFIRM THAT WE ARE IN EARLY STAGE DISCUSSIONS WITH A NUMBER OF PARTIES INCLUDING FALKO REGIONAL AIRCRAFT LIMITED.STOBART GROUP LTD - IN EARLY STAGE TALKS REGARDING POTENTIAL SALE OF STOBART GROUP'S STAKE IN STOBART AIR AND PROPIUS.STOBART GROUP LTD - EARLY STAGE DISCUSSIONS REGARDING POTENTIAL SALE OF STOBART GROUP'S STAKE IN STOBART AIR AND PROPIUS.  Full Article

Stobart Group Says It Is Trading In Line With Management Expectations
Thursday, 30 Jul 2020 

July 30 (Reuters) - Stobart Group Ltd ::STOBART GROUP LTD - STOBART GROUP IS TRADING IN LINE WITH MANAGEMENT EXPECTATIONS.  Full Article

Stobart Group Says Divestment Of Stobart Rail & Civils
Tuesday, 14 Jul 2020 

July 14 (Reuters) - Stobart Group Ltd ::STOBART GROUP LTD - DIVESTMENT OF STOBART RAIL & CIVILS.STOBART GROUP LTD - PROPOSED DEAL FOR AN INITIAL CASH CONSIDERATION OF £1,000.STOBART GROUP LTD - AN ADDITIONAL CASH CONSIDERATION OF UP TO £2.9 MILLION MAY BE RECEIVED BASED ON OUTCOME ON CONCLUSION OF A SINGLE LEGACY CONTRACT..STOBART GROUP LTD - DIVESTED OF STOBART RAIL LIMITED (WHICH OWNS RAIL & CIVILS DIVISION) TO BAVARIA INDUSTRIES GROUP AG.  Full Article

Toscafund Asset Management Discloses 27.97% Stake In Stobart Group As Of June 29 Vs Prior Stake Of 23.3%
Thursday, 2 Jul 2020 

July 2 (Reuters) - Stobart Group Ltd ::TOSCAFUND ASSET MANAGEMENT LLP DISCLOSES 27.97% STAKE IN STOBART GROUP AS OF JUNE 29 VERSUS PRIOR STAKE OF 23.3% - FILING.  Full Article

Stobart Group Says 28.2 Mln Shares Accepted Or Applied For Under Open Offer
Thursday, 25 Jun 2020 

June 25 (Reuters) - Stobart Group Ltd ::STOBART GROUP LTD - RESULTS OF OPEN OFFER.STOBART GROUP LTD - A TOTAL OF 28.2 MILLION OPEN OFFER SHARES HAVE BEEN ACCEPTED OR APPLIED FOR UNDER OPEN OFFER .  Full Article

Stobart Group Says Placing To Raise £100 Mln At 40P/New Share
Friday, 5 Jun 2020 

June 5 (Reuters) - Stobart Group Ltd ::STOBART GROUP LTD - COMPLETION OF BOOKBUILDING PROCESS.STOBART GROUP LTD - PLACING WILL RAISE GROSS PROCEEDS OF £100 MILLION AT A PRICE OF 40 PENCE PER NEW SHARE.STOBART GROUP LTD - FIRM PLACEES HAVE AGREED TO SUBSCRIBE FOR 200 MILLION FIRM PLACED SHARES AT OFFER PRICE.  Full Article

Stobart Group To Withdraw From Rail & Civils Business During FY21
Thursday, 4 Jun 2020 

June 4 (Reuters) - Stobart Group Ltd ::FY PRETAX LOSS -158 MILLION STG VERSUS -42.1 MILLION STG LOSS YEAR AGO.FY REVENUE 170.2 MILLION STG, UP 15.9%.STOBART - FY UNDERLYING EBITDA 16 MILLION STG VERSUS 10.8 MILLION STG.FY CURRENT TRADING HAS BEEN SEVERELY IMPACTED AS A RESULT OF COVID-19 PANDEMIC.WITHDRAWING FROM RAIL & CIVILS BUSINESS DURING COURSE OF FY21.ALL OTHER NON-CORE BUSINESSES OR ASSETS WILL BE REALISED FOR VALUE OVER NEXT THREE YEARS.  Full Article

Eddie Stobart Says Acquired "Eddie Stobart" And "Stobart" Brands From A Unit Of Stobart Group
Thursday, 21 May 2020 

May 21 (Reuters) - Eddie Stobart Logistics PLC ::EDDIE STOBART - BRAND ACQUISITION AND TRADING UPDATE.EDDIE STOBART LOGISTICS PLC - EDDIE STOBART GROUP HAS ACQUIRED "EDDIE STOBART" AND "STOBART" BRANDS FROM A SUBSIDIARY OF STOBART GROUP.  Full Article

Stobart Group Announces Acquisition Of Stobart Air & Propius
Monday, 27 Apr 2020 

April 27 (Reuters) - Stobart Group Ltd ::ACQUISITION OF STOBART AIR AND PROPIUS.CONSIDERATION FOR TRANSACTION IS A PAYMENT OF UP TO £8.55 MILLION.REACHED AGREEMENT WITH EY, ADMINISTRATORS OF CONNECT AIRWAYS TO ACQUIRE STOBART AIR AND PROPIUS.EXPECTS TO FUND OPERATIONS OF STOBART AIR AND PROPIUS OVER PERIOD THROUGH TO ACHIEVING POSITIVE CASH FLOW.  Full Article

Stobart Group Says Board, Senior Leadership Have Agreed To 20% Pay Reductions
Monday, 6 Apr 2020 

April 6 (Reuters) - Stobart Group Ltd ::STOBART GROUP LTD - COVID-19 TRADING UPDATE.STOBART GROUP - BOARD, SENIOR LEADERSHIP HAVE AGREED TO 20% PAY REDUCTIONS AND ALL OTHER NON-FURLOUGHED MANAGEMENT HAVE ACCEPTED 10% PAY REDUCTIONS.STOBART GROUP LTD - BOARD IS ALSO TAKING PRUDENT STEPS TO EXPLORE FURTHER FUNDING OPTIONS.STOBART GROUP - NOT POSSIBLE TO PROVIDE FINANCIAL GUIDANCE FOR FULL YEAR AT PRESENT AND IS WITHDRAWING ALL PREVIOUSLY MADE GUIDANCE.STOBART GROUP LTD - DESPITE CURRENT CHALLENGES PRESENTED BY COVID-19 VIRUS, WE CONTINUE TO OWN AND OPERATE AVIATION AND ENERGY ASSETS.  Full Article

BRIEF-Stobart Group Says 28.2 Mln Shares Accepted Or Applied For Under Open Offer

* STOBART GROUP LTD - A TOTAL OF 28.2 MILLION OPEN OFFER SHARES HAVE BEEN ACCEPTED OR APPLIED FOR UNDER OPEN OFFER Source text for Eikon: Further company coverage: