May 2016
Sale of Premises & Board Appointments
2016 Statements & Announcements,
Group Financial Information,
Investor Information,
Shareholder Information,
The Stanley Gibbons Group Plc (AIM:SGI) announces that it has exchanged contracts to sell the Group’s leases over Ely House, Dover Street, Mayfair and another adjacent property. The Company will receive total gross consideration of £2.5 million, which, after costs will enable the Group to reduce its indebtedness by approximately…