Stanley Gibbons Group PLC Issue of Equity (3100U)

TIDMSGI

RNS Number : 3100U

Stanley Gibbons Group PLC

15 October 2014

The Stanley Gibbons Group plc ("Stanley Gibbons" or the "Company")

Issue of Equity

Under the terms of the acquisition of Stampwants.com, Inc in 2012, deferred consideration of 91,588 new ordinary shares of 1p each in the company ("Ordinary Shares") was due to be issued to the majority shareholder, Mark Rosenberg, eighteen months after the date of closing, subject to there being no deductions required to satisfy any indemnification claims.

No indemnification claims have been made during this period and therefore application has been made for 91,588 Ordinary Shares to be admitted to trading on AIM ("Admission"). These Ordinary Shares will rank pari passu with the existing issued shares of the Company and dealings are expected to commence on Tuesday 21 October 2014.

Following Admission the Company's total issued share capital will comprise 46,689,447 Ordinary Shares.

Enquiries:

 
     The Stanley Gibbons Group plc 
     Richard Purkis, Company Secretary       Tel: +44 (0) 1534 766711 
     www.stanleygibbons.com 
 
     Peel Hunt LLP, Nomad / Broker 
     Dan Webster / Richard Brown /           Tel: +44 (0) 20 7418 8900 
      George Sellar 
 
     Tavistock, Financial PR 
     Lulu Bridges / Teresa Towner            Tel: +44 (0) 20 7920 3150

This information is provided by RNS

The company news service from the London Stock Exchange

END

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