11th Oct 2007 07:00
Stanley Gibbons Group Limited11 October 2007 THE STANLEY GIBBONS GROUP LIMITED ("STANLEY GIBBONS" or "THE COMPANY") (AIM: SGI.L) STANLEY GIBBONS INDICES BECOME INSTITUTIONAL STANDARD The Board of Stanley Gibbons, the AIM quoted leading name in rare stamps andcollectibles, is delighted to announce that its price indices are now availableon the BLOOMBERG PROFESSIONAL(R) service.HIGHLIGHTS •Indices available to all Bloomberg users; •Rare stamps and autographs now recognised as alternative investment asset classes; •Increases access to reliable online price information on these assets; •Move opens up Stanley Gibbons and its products to a wider investment audience. Stanley Gibbons markets a range of rare stamp and autograph investment productsand today's announcement follows increasing demand from institutional investorsand private clients for more accessible data and pricing on "alternative"assets. Stanley Gibbons has published stamp price guides since 1865 and has apricing database on every stamp issued worldwide. These are the first stamp andautograph indices available on Bloomberg. Commenting on the news, Stanley Gibbons Chief Executive, Michael Hall said: "We chose to distribute our price indices via the BLOOMBERG PROFESSIONALservice, because of its position as a market leader in the provision offinancial information. "Stanley Gibbons has built up a successful business in the sale of stamp andautograph investment products to private investors. As the importance ofdiversification in the current economic climate becomes obvious, we believe thatthe institutional investor market will increasingly turn to alternativeinvestments." ---ENDS--- Enquiries: The Stanley Gibbons Group Limited Tel: +44 (0) 1481 708 273Michael Hall, Chief Executivewww.stanleygibbons.com Seymour Pierce Ltd, NOMAD/ Broker Tel: +44 (0) 20 7107 8000Jonathan Wright Bishopsgate Communications Ltd, Financial PR Tel: +44 (0) 20 7562 3350Jenni Herbert/Nick [email protected] About the indices: The following indices are available via ALLX STGI(GO) on the BLOOMBERGPROFESSIONAL service. The SG 100 Stamp Price Index •The top 100 traded stamps •For the period Dec 1998 - Sep 2007 (on a monthly basis) average compound return of 7.6% per annum over the past nine years. The Great Britain 30 Rarities Index •Rare stamps from Great Britain •For the period 1998 - 2007 (updated annually) average compound return of 10.7% per annum over the past nine years. The Commonwealth 30 Rarities & Errors Index •Stamp rarities and errors from Commonwealth & British Empire •For the period 1998 - 2007 (updated annually) average compound return of 9.7% per annum over the past nine years. The Frasers100 Autograph Price Index •Market for autographs and memorabilia •For the period 1997 - 2007 (updated annually) average compound return of 13.5% per annum over past ten years This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGI.L