STATEMENT FROM ANDREW TINKLER FOLLOWING HIGH COURT JUDGEMENT, FRIDAY 15 FEBRUARY

High Court Rules Stobart Directors Rigged AGM Vote

Stobart’s claims on ‘conspiracy’ and expenses rejected

Andrew Tinkler calls for Warwick Brady and fellow directors to resign

Following a two-week trial in November 2018, the Judge (HHJ Russen) has found that Iain Ferguson, Warwick Brady, Andrew Wood and John Coombs have breached their fiduciary duties to Stobart Group by using company funds to gerrymander a vote at the July 2018 AGM in their favour. The Judge ruled that all four directors had acted for “improper purposes” by trying to manipulate the vote.

Mr Tinkler said: “In light of the Judge’s findings, Mr Brady, Mr Ferguson, Mr Coombs and Mr Wood have no place on the Board of Stobart Group and they should all step down without further delay.”