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Stanley Gibbons Group PLC  -  SGI   

Funding Update

Released 15:00 04-Mar-2016

RNS Number : 1468R
Stanley Gibbons Group PLC
04 March 2016
 

THE STANLEY GIBBONS GROUP PLC

(the "Group")

Funding Update

Further to the announcement made on 23 February 2016, the Group confirms that it is continuing the process to raise new equity finance.

The level of interest generated further to that announcement and from existing shareholders has been encouraging and the Group expects to be in a position to make a further announcement in the near future.

As previously announced, the Board intends that the fundraising will be executed in a manner that recognises the pre-emption rights of existing shareholders insofar as is possible.

For further information, contact:

The Stanley Gibbons Group plc

Michael Hall, Chief Executive

Donal Duff, Chief Finance Officer

 

+44 (0)1534 766 711

finnCap Ltd (Nomad & Broker)

Stuart Andrews / Christopher Raggett (corporate finance)

Tim Redfern / Simon Johnson (corporate broking)

 

+44 (0)20 7220 0500

Tavistock (Financial PR)

+44 (0)20 7920 3150

Lulu Bridges / Niall Walsh


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Funding Update - RNS