Stanley Gibbons Group PLC Appointment of George Bailey
August 13 2014 - 3:00AM
RNS Non-Regulatory
TIDMSGI
Stanley Gibbons Group PLC
13 August 2014
13 August 2014
The Stanley Gibbons Group plc
("Stanley Gibbons" or the "Company" or "the Group")
Appointment of George Bailey as Chairman of Dreweatts &
Bloomsbury Auctions
The Stanley Gibbons Group plc announces the appointment of
George Bailey as Chairman of Dreweatts & Bloomsbury Auctions,
the art and antiques auctions subsidiary of The Stanley Gibbons
Group plc with effect from 1 September 2014.
With over 35 years' experience in the fine art and auction
industry, George is best known for his career at Sotheby's as a key
member of the firm's European management team and as an exceptional
auctioneer.
In March 2013, George launched The Auction Room, an innovative
'on-line only' auction portal, that has enjoyed marked successes
with sales of notable collections including Middle Eastern
Contemporary art from the Saatchi Gallery and Scottish paintings
from the Fleming Collection.
The Stanley Gibbons Group is committed to a multi-dimensional
growth strategy that includes the imminent launch of a SG-branded
online Marketplace for Collectibles; as well as continuing to
pursue a growth strategy for its international auctions business.
George's significant experience at the most senior level of the
auction industry will be a valuable addition to the Group's senior
management team.
Stephan Ludwig, Chief Executive of Dreweatts & Bloomsbury
Auctions, commented: "The art market is unquestionably still a
'people business' and in George we are fortunate to be gaining the
experience of a highly respected senior figure in the
industry."
George Bailey added: "The auction market is undergoing a
generational transformation driven in large part by the online
revolution in collector buying habits. It is clear to me that a
strongly capitalized and energetically managed business can quickly
develop a very credible international authority in what remains a
highly fragmented market. Since establishing The Auction Room I
have worked on a number of projects with Stephan and look forward
to contributing to the delivery of Stanley Gibbons' growth
plans."
For further information, please contact or visit
www.stanleygibbons.com
The Stanley Gibbons Group plc
Michael Hall, Chief Executive +44 (0) 1534 766711
Stephan Ludwig, Dreweatts & Bloomsbury Auctions +44 (0) 20 7495 9494
Peel Hunt LLP, NOMAD/Broker
Dan Webster/Matthew Armitt/Richard Brown +44 (0) 20 7418 8900
Tavistock Communications
John West/Teresa Towner +44 (0) 20 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
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