16th Mar 2006 16:35
Stanley Gibbons Group Limited16 March 2006 The Stanley Gibbons Group Limited ("Stanley Gibbons" or "the Company") Director's Dealings, Holding in Company and Grant of Options The Company announces that on 15 March 2006, Paul Fraser sold 300,000 Ordinary1p shares at 129.5p each, ex-dividend and 200,000 Ordinary 1p shares at 133.125peach, cum-dividend. This takes Mr Fraser's shareholding to 1,226,719 Ordinaryshares, which represents 4.89 per cent. of the issued share capital of theCompany. The shares were sold to cover demand in the market. The Company was informed today that on 15 March 2006 Timothy Dunningham disposedof 500,000 Ordinary shares, reducing his holding to 1,669,500 shares,representing 6.66 per cent. of the issued share capital of the Company. Stanley Gibbons additionally announces that the following options were grantedfor nil consideration under the Company's unapproved Share Option Scheme overOrdinary shares of 1p in the Company. The options, which were granted at theclosing mid market price on 3 March 2006, are exercisable subject to thesatisfaction of a performance condition. Director Options Granted Exercise Price (per share) Exercise PeriodPaul Fraser 40,000 119.75p 3/3/2009 - 2/3/2016Michael Hall 40,000 119.75p 3/3/2009 - 2/3/2016Richard Purkis 40,000 119.75p 3/3/2009 - 2/3/2016 For further information, contact: The Stanley Gibbons Group LimitedPaul Fraser, Chairman 020 7836 8444Michael Hall, Chief Executive 01425 472363 Seymour Pierce LimitedJonathan Wright 020 7107 8000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGI.L