Stobart boss gives his family £125,000 worth of shares

Published at 09:35, Monday, 24 December 2012

Cumbrian businessman Andrew Tinkler is ensuring his family have a merry Christmas by gifting them shares in Stobart Group worth £125,000.

The Stobart Group chief executive is transferring 40,000 of his shares to his son Adam, 45,256 to his daughter Laura, and 40,000 to his parnter Alison Schmutz.

At Friday's price each share was worth around £1.

Mr Tinkler, who holds around eight per cent of the logistics group, still holds around 28 million shares in the Group which has a market value of £349m.

Published by http://www.in-cumbria.com