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Change of Accounting Reference Date

5th Dec 2013 07:00

RNS Number : 7326U
Stanley Gibbons Group PLC
05 December 2013
 

The Stanley Gibbons Group plc

("Stanley Gibbons", the "Company", the "Group")

 

Change of Accounting Reference Date

 

Stanley Gibbons announces a change to its accounting reference date and financial year end from 31 December to 31 March.

 

As part of the integration of Stanley Gibbons with the recently acquired Noble Investments (UK) plc ("Noble"), the board of Stanley Gibbons (the "Board") has undertaken a review of the appropriate year end for the enlarged group. Currently the Stanley Gibbons year end is 31 December and the Noble year end is 31 August. Having considered the seasonality of the enlarged group's revenue profiles, the Board feels that moving the financial year end of the enlarged group to 31 March will provide management with an improved level of visibility of the performance of the group throughout the financial calendar.

 

As a result of this change, the Company's near-term reporting calendar will be as follows:

 

- Unaudited results for the 6 month period to 31 December 2013 to be announced by the end of March 2014

 

- Audited results for the 15 month period to 31 March 2014 to be announced by the end of June 2014.

 

- Unaudited results for the 6 month period to 30 September 2014 to be announced by the end of November 2014.

 

Enquiries:

 

The Stanley Gibbons Group PLC

Michael Hall (Chief Executive) Tel: +44 (0) 1534 766711

 

Peel Hunt LLP - NOMAD/Broker

Dan Webster, Matthew Armitt, Richard Brown Tel: +44 (0) 20 7418 8900

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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