23rd Apr 2008 14:36
Stanley Gibbons Group Limited23 April 2008 The Stanley Gibbons Group Limited ("the Company") Placing and Directors Shareholdings The Company announces that on 22 April 2008 Seymour Pierce placed, on behalf ofFORUM European Smallcaps GmbH, 4,790,000 ordinary shares in the Company, withthe majority of the shares being acquired by new institutional investors andcertain directors. The shares represent 19.1 per cent. of the current issuedshare capital of the Company and were bought by the placees at 176p per share.Amongst the purchasers of the shares are certain directors as follows: Name No. of ordinary Total holding of Percentage of shares ordinary shares issued share purchased capital Michael Hall 11,400 136,805 0.54Richard Purkis 5,700 55,700 0.22Mark Henley 5,700 5,700 0.02General Sir Michael Wilkes 5,700 5,700 0.02 Annual General Meeting All the resolutions proposed at the Annual General Meeting of the Company heldin Jersey today were duly passed, including the Special Resolution authorisingthe Company to purchase up to 15% of its issued share capital in the market forcancellation. For further information, contact: The Stanley Gibbons Group LimitedMichael Hall, Chief Executive Tel: +44(0)20 7836 8444www.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] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SGI.L