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Mallett Chairman Lord Peter Daresbury Resigns

Mon, 03rd Nov 2014 10:56

LONDON (Alliance News) - Antiques furniture dealer Mallett PLC Monday said that Chairman Lord Peter Daresbury has resigned.

The company said Non-Executive Director James Heneage has also resigned from the board.

Stamp collecting company Stanley Gibbons Group PLC and Mallett reached a deal back in September, for Mallett to be bought by Stanley Gibbons for GBP8.6 million in cash.

Mallett shares were trading 5.1% lower Monday morning at 56.00 pence.

By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty

Copyright 2014 Alliance News Limited. All Rights Reserved.

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