Stanley Gibbons Group PLC Directorate Change (4053Y)

TIDMSGI

RNS Number : 4053Y

Stanley Gibbons Group PLC

17 May 2016

THE STANLEY GIBBONS GROUP PLC

(the "Company" or the "Group")

Appointment of Chairman

The Stanley Gibbons Group Plc (AIM:SGI) is pleased to announce the appointment of Harry Wilson as a director of the Company on 16th May 2016 and as Chairman-elect. As indicated in the circular to shareholders dated 14th March 2016, it was the intention of Martin Bralsford to "step down as soon as a suitable replacement had been identified". Accordingly, Mr Wilson will take over from Mr Bralsford as Chairman of the Company at the next board meeting and Mr Bralsford intends to step down as a director at or before the publication of the preliminary results statement, expected to be towards the end of June.

Harry Wilson is an experienced public company director and chairman, having been involved with listed companies for over 20 years. He is also a long-time collector of stamps, is well-known within the industry and has a significant knowledge and interest in philately.

The following information regarding the appointment of Henry ("Harry") George Wilson, aged 63, is disclosed under Schedule 2(g) of the AIM Rules for Companies:

 
 Current directorships          Former directorships 
  and/or partnerships:           and/or partnerships (within 
                                 the last five years): 
 Roselea Limited                Eland Oil & Gas Plc 
 Park Securities Limited        Allville Properties LLP 
 Roselea Developments Limited   Drumsheugh Gardens LLP 
 Mardall Securities A Limited   New Town Property Developments 
                                 LLP 
 Fairplay Securities Limited    Flow Energy Ltd 
 Forres Property Developments   Ocean Pakistan Ltd 
  LLP 
 Insel Developments LLP         Bow Energy Resources 
                                 (Pakistan) SRL 
 Xcite Energy Limited           Orient Petroleum (Central 
                                 Asia) Limited

At the date of this announcement, Mr Wilson holds 2,000,000 ordinary shares in the Company held in the name of Park Securities Ltd for Roselea Ltd.

There are no further disclosures required under Schedule 2(g) of the AIM Rules for Companies.

Martin Bralsford, present Chairman, commented,

"I am very pleased that Harry has agreed to accept the role of Chairman and that we have been able to secure the services of someone with such a comprehensive understanding of our industry and marketplace. I believe that his appointment will be welcomed by our customers and staff alike as they will be reassured that an interest and knowledge of the philatelic market will remain at the core of the business."

Harry Wilson commented,

"I am delighted to be joining the board of Stanley Gibbons and I am excited to be involved in developing the strategy to return the Company and this iconic brand to its rightful pre-eminent position. I have known and admired Stanley Gibbons for many years and, like all great businesses, its reputation and service is built on the professionalism and integrity of its staff. I look forward to working with them and our customers in shaping and building the next chapter of this rich legacy."

For further information, contact:

 
 The Stanley Gibbons Group plc 
  Michael Hall, Chief Executive             +44 (0)1534 766 
  Donal Duff, Chief Finance Officer          711 
 finnCap Ltd (Nomad & Broker) 
  Stuart Andrews / Christopher Raggett 
  (corporate finance) 
  Tim Redfern / Simon Johnson (corporate    +44 (0)20 7220 
  broking)                                   0500 
                                            +44 (0)20 7920 
 Tavistock (Financial PR)                    3150 
 Lulu Bridges / Niall Walsh

This information is provided by RNS

The company news service from the London Stock Exchange

END

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