Stanley Gibbons Grp

Update regarding Mallett

RNS Number : 3633C
Stanley Gibbons Group PLC
14 June 2019
 

14 June 2019                                                                                                     

THE STANLEY GIBBONS GROUP PLC

 

(the "Company" or the "Group")

 

Update regarding Mallett

 

The Stanley Gibbons Group plc is pleased to announce that all outstanding claims involving certain former directors of Mallett plc have now been resolved, bringing the matter to a full and final conclusion.

The Group expects to receive, over the course of the next twelve months, a total of £850,000 as a result of this agreement. This information is disclosed in accordance with AIM Rules 10 and 11.

 

For further information, contact:

The Stanley Gibbons Group plc

Harry Wilson

Graham Shircore

 

 

+44 (0)207 836 8444

finnCap Ltd (Nomad and Broker)

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

 

+44 (0)20 7220 0500

 

THE INFORMATION COMMUNICATED IN THIS ANNOUNCEMENT IS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014.

 


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