The London Stock Exchange have just announced that the Stobart Group Limited have agreed the acquisition of SEN from RAL.
The purchase price is £21 million of which £5 million will be payable only after certain aspects of the airport's development plan have been achieved (the runway extension planning approval perhaps?).
SEN MD Alastair Welch will become MD of Stobart's air operations, which will include SEN and the Group's wider air-related activities.