Stanley Gibbons Group PLC Further Update on Disposal of Interiors Division (6664M)
August 01 2017 - 2:01AM
UK Regulatory
TIDMSGI
RNS Number : 6664M
Stanley Gibbons Group PLC
01 August 2017
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF EU REGULATION 596/2014
The Stanley Gibbons Group plc
("Stanley Gibbons", the "Group" or the "Company")
Update on sale of certain assets and liabilities of the
Interiors division
Further to the announcement made on 14 July 2017 regarding the
Company's agreement for the sale of a part of the Group's interiors
division (comprising certain assets and liabilities of Dreweatts
and the intellectual property rights and goodwill in respect of the
Mallett and Made by Meta Brands) (the "Sale") to Millicent Holdings
Limited, the Company announces that the contractual long-stop date
for completion of the Sale has been extended to 3 August 2017.
A further announcement will be made in due course.
Enquiries:
The Stanley Gibbons Group plc
Harry Wilson +44 (0)207 836
Andrew Cook 8444
finnCap Ltd (Nomad and Broker)
Stuart Andrews / Christopher Raggett +44 (0)20 7220
/ Anthony Adams (corporate finance) 0500
Yellow Jersey PR (Financial PR) +44 (0)7747
Charles Goodwin 788 221
This information is provided by RNS
The company news service from the London Stock Exchange
END
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