6 Nov 2012 14:34
The Stanley Gibbons Group plc
("Stanley Gibbons" or the "Company")
Closing of the acquisition of the assets of Stampwants.com, Inc. (the "Acquisition")
Following the announcement by Stanley Gibbons on 31 October 2012 of the Acquisition and associated placing of £6m of new shares in the Company (the "Placing"), the Company is pleased to announce that the conditions of the Acquisition and the Placing have now been met and that both are now completed.
For further information please contact:
The Stanley Gibbons Group plc
Michael Hall, Chief Executive +44 (0) 1534 766711
Donal Duff, Chief Operating Officer and Finance Director
Peel Hunt LLP, NOMAD/Broker
Dan Webster/Matthew Armitt/Richard Brown +44 (0) 20 7418 8900
IMPORTANT INFORMATION
This announcement has been issued by and is the sole responsibility of the Company. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Peel Hunt LLP or by any of their respective affiliates or agents as to, or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.