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Closing of Acquisition

6th Nov 2012 14:34

RNS Number : 4666Q
Stanley Gibbons Group PLC
06 November 2012
 



The Stanley Gibbons Group plc

("Stanley Gibbons" or the "Company")

Closing of the acquisition of the assets of Stampwants.com, Inc. (the "Acquisition")

Following the announcement by Stanley Gibbons on 31 October 2012 of the Acquisition and associated placing of £6m of new shares in the Company (the "Placing"), the Company is pleased to announce that the conditions of the Acquisition and the Placing have now been met and that both are now completed.

For further information please contact:

The Stanley Gibbons Group plc

Michael Hall, Chief Executive +44 (0) 1534 766711

Donal Duff, Chief Operating Officer and Finance Director

Peel Hunt LLP, NOMAD/Broker

Dan Webster/Matthew Armitt/Richard Brown +44 (0) 20 7418 8900

IMPORTANT INFORMATION

This announcement has been issued by and is the sole responsibility of the Company. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Peel Hunt LLP or by any of their respective affiliates or agents as to, or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

 

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