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Stanley Gibbons Group PLC  -  SGI   

Further Update on Disposal of Interiors Division

Released 07:00 01-Aug-2017

RNS Number : 6664M
Stanley Gibbons Group PLC
01 August 2017
 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

The Stanley Gibbons Group plc

("Stanley Gibbons", the "Group" or the "Company")

Update on sale of certain assets and liabilities of the Interiors division

 

Further to the announcement made on 14 July 2017 regarding the Company's agreement for the sale of a part of the Group's interiors division (comprising certain assets and liabilities of Dreweatts and the intellectual property rights and goodwill in respect of the Mallett and Made by Meta Brands) (the "Sale") to Millicent Holdings Limited, the Company announces that the contractual long-stop date for completion of the Sale has been extended to 3 August 2017.

A further announcement will be made in due course.

Enquiries:

 

The Stanley Gibbons Group plc

Harry Wilson

Andrew Cook 

 

+44 (0)207 836 8444

finnCap Ltd (Nomad and Broker)

Stuart Andrews / Christopher Raggett / Anthony Adams (corporate finance)

 

+44 (0)20 7220 0500

Yellow Jersey PR (Financial PR)

Charles Goodwin

+44 (0)7747 788 221



 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Further Update on Disposal of Interiors Division - RNS