Stanley Gibbons Group PLC Grant of Options (6873J)

TIDMSGI

RNS Number : 6873J

Stanley Gibbons Group PLC

03 April 2018

THE STANLEY GIBBONS GROUP PLC

(the "Company" or the "Group")

Grant of Options

The Stanley Gibbons Group Plc (AIM:SGI) announces that on 3 April 2018, the Company granted options ("Options") over 500,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") pursuant to the Stanley Gibbons Group Share Option Plan 2010. These Options were granted to a Person Discharging Managerial Responsibility ("PDMR") on behalf of the Company.

The Options are exercisable at 4.42 pence per Ordinary Share, being the closing mid-market price of an Ordinary Share on 29 March 2018. The Options shall vest and may be exercised at any time on or after 3 April 2021, being the third anniversary of the date of the grant. The Options will lapse on the tenth anniversary of the date of grant.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------- 
 a)   Names                      Guy Croton 
---  -------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------- 
 a)   Position/status            Managing Director - Philatelic 
                                  Division 
                                  PDMR 
---  -------------------------  ------------------------------- 
 b)   Initial notification/      Initial Notification 
       Amendment 
---  -------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       The Stanley Gibbons Group 
                                  plc 
---  -------------------------  ------------------------------- 
 b)   LEI                        213800M8FE3YYYM9Q615 
---  -------------------------  ------------------------------- 
 4.   Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ---------------------------------------------------------- 
 a)   Description of             The grant of Options over 
       the Financial              Ordinary Shares on 3 April 
       instrument, type           2018 
       of instrument 
--- 
      Identification             GB0009628438 SGI 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Grant of Options over Ordinary 
       transaction                Shares 
---  -------------------------  ------------------------------- 
 c)   Price(s) and               Price: 4.42 pence 
       volume(s)                  Volume: Options over 500,000 
                                  Ordinary Shares 
---  -------------------------  ------------------------------- 
 d)   Aggregated information:    n/a 
        *    Aggregated volume 
 
 
        *    Price 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    3 April 2018 
---  -------------------------  ------------------------------- 
 f)   Place of the               Outside a trading venue 
       transaction 
---  -------------------------  -------------------------------

For further information, contact:

 
  The Stanley Gibbons Group plc 
    Harry Wilson                              +44 (0)1534 766 
    Andrew Cook                                711 
   finnCap Ltd (Nomad & Broker) 
    Stuart Andrews / Christopher Raggett 
    / Anthony Adams (corporate finance) 
    Tim Redfern / Simon Johnson (corporate    +44 (0)20 7220 
    broking)                                   0500

This information is provided by RNS

The company news service from the London Stock Exchange

END

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