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Share price movement

13 Jan 2016 11:12

RNS Number : 7445L
Stanley Gibbons Group PLC
13 January 2016
 

THE STANLEY GIBBONS GROUP PLC

 

 

FOR IMMEDIATE RELEASE 13 January 2016

 

THE STANLEY GIBBONS GROUP PLC ("the Company" or "the Group")

 

Share price movement

 

The Directors note the recent movement in the Company's share price and would like to update on current intentions for funding the business.

 

In response to a number of unsolicited enquiries from shareholders and other investors, the Board is considering a number of fundraising alternatives to reinforce the working capital position prior to the year ended 31 March 2016. However, whilst an equity fundraising is one option potentially available to the Board, the discount to the Group's net asset value at which any such fundraising would likely be priced could make it a relatively unattractive route to alternatives under consideration. The Directors will update the market on the progress of these considerations in due course.

 

 

For further information, contact:

 

The Stanley Gibbons Group plc

Michael Hall, Chief Executive +44 (0) 1534 766711

Donal Duff, Chief Finance Officer

 

Peel Hunt LLP, NOMAD/Broker

Dan Webster/Adrian Trimmings/George Sellar +44 (0) 20 7418 8900

 

Tavistock

Lulu Bridges/Niall Walsh +44 (0) 20 7920 3150

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
SPMEAFFDFFEKEFF
Date   Source Headline
3rd Oct 20139:35 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc
3rd Oct 20139:25 amRNSForm 8.5 (EPT/RI) - Noble Investments (UK) Plc
2nd Oct 201311:52 amBUSForm 8.3 - Stanley Gibbons Group Plc
2nd Oct 201310:55 amRNSForm 8.3 - Stanley Gibbons Group Plc
2nd Oct 201310:38 amRNSForm 8.3 - Stanley Gibbons Group PLC
2nd Oct 201310:34 amRNSForm 8.3 - Stanley Gibbons Group PLC
2nd Oct 20139:22 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc
2nd Oct 20139:07 amRNSForm 8.5 (EPT/RI) - Noble Investments (UK) Plc
2nd Oct 20137:00 amRNSIrrevocable undertakings
1st Oct 201311:32 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc
1st Oct 201310:57 amRNSForm 8.5 (EPT/RI) - Noble Investments (UK) Plc
30th Sep 20131:32 pmBUSForm 8.3 - Stanley Gibbons Group plc
30th Sep 201312:03 pmRNSForm 8.3 - Stanley Gibbons Group plc
30th Sep 201310:06 amRNSForm 8.5 (EPT/RI) - Noble Investments (UK) Plc
30th Sep 201310:03 amRNSForm 8.5 (EPT/RI) - Noble Investments - AMENDMENT
30th Sep 20139:21 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc
27th Sep 201311:10 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc
27th Sep 201311:03 amRNSForm 8.5 (EPT/RI) - Noble Investments (UK) Plc
27th Sep 201311:01 amRNSForm 8.5 (EPT/RI) - Noble Investments - AMENDMENT
27th Sep 20139:00 amRNSForm 8 (DD) - The Stanley Gibbons Group plc
27th Sep 20139:00 amRNSForm 8 (DD) - The Stanley Gibbons Group plc
27th Sep 20139:00 amRNSForm 8 (DD) - The Stanley Gibbons Group plc
27th Sep 20139:00 amRNSForm 8 (DD) - The Stanley Gibbons Group plc
27th Sep 20139:00 amRNSForm 8 (DD) - The Stanley Gibbons Group plc
27th Sep 20139:00 amRNSForm 8 (DD) - The Stanley Gibbons Group plc
27th Sep 20139:00 amRNSForm 8 (DD) - The Stanley Gibbons Group plc
26th Sep 20136:29 pmRNSForm 8.3 - Stanley Gibbons Group plc
26th Sep 20132:58 pmRNSForm 8.3 - Stanley Gibbons Group Plc (The)
26th Sep 201312:45 pmBUSForm 8.3 - The Stanley Gibbons Group plc
26th Sep 201312:37 pmRNSForm 8.3 - Stanley Gibbons Group PLC
26th Sep 201312:12 pmBUSForm 8.3 - Stanley Gibbons Group Plc (The)
26th Sep 201312:09 pmRNSForm 8.3 - Stanley Gibbons Group Plc
26th Sep 201311:39 amRNSForm 8.3 - Stanley Gibbons Group Plc
26th Sep 20139:51 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc
26th Sep 20139:38 amRNSForm 8.5 (EPT/RI) - Noble Investments (UK) Plc
26th Sep 20139:17 amRNSForm 8.3 -THE STANLEY GIBBONS GROUP PLC
26th Sep 20137:00 amRNSPlacing
26th Sep 20137:00 amRNSAcquisition of Noble by Stanley Gibbons
25th Sep 201310:33 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons - Amendment
25th Sep 20138:53 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc
25th Sep 20138:44 amRNSForm 8.5 (EPT/RI) - Noble Investments (UK) Plc
24th Sep 20135:45 pmRNSForm 8.3 - Stanley Gibbons Group PLC
24th Sep 201310:39 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc
24th Sep 201310:37 amRNSForm 8.5 (EPT/RI) - Noble Investments (UK) Plc
23rd Sep 20132:28 pmRNSForm 8.3 - Stanley Gibbons Plc
23rd Sep 201311:46 amRNSForm 8.3 - Stanley Gibbons Group PLC
23rd Sep 20139:54 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc
23rd Sep 20139:50 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons - REPLACEMENT
23rd Sep 20139:02 amRNSForm 8.5 (EPT/RI) - Noble Investments (UK) Plc
20th Sep 20139:54 amRNSForm 8.5 (EPT/RI) - Stanley Gibbons Group Plc

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