Stanley Gibbons Group PLC Grant of Options (8234L)

TIDMSGI

RNS Number : 8234L

Stanley Gibbons Group PLC

06 October 2016

THE STANLEY GIBBONS GROUP PLC

(the "Company" or the "Group")

Grant of Options

The Stanley Gibbons Group Plc (AIM:SGI) announces that on 5 October 2016, the Company granted options ("Options") over a total of 14,760,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") pursuant to the Stanley Gibbons Group Share Option Plan 2010. Of these Options, 6,600,000 were granted to Persons Discharging Managerial Responsibilities ("PDMRs") on behalf of the Company, with 8,160,000 granted to other employees.

The Options are exercisable at 11.0 pence per Ordinary Share, being the closing mid-market price of an Ordinary Share on 4 October 2016. The Options shall vest and may be exercised at any time on or after 5 October 2019, being the third anniversary of the date of the grant. The Options will lapse on the tenth anniversary of the date of grant.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------------- 
 a)   Names                      HG Wilson - Executive Chairman 
                                  A Cook - Chief Finance Officer 
                                  AM Gee - Group Chief Operating 
                                  Officer 
                                  KAM Heddle - Investment Sales 
                                  Director 
                                  MW Peterlechner - Group Marketing 
                                  Director 
                                  JW Harvey - Chief Executive, 
                                  Interiors Division 
                                  GHS Bailey - Chairman, Interiors 
                                  Division 
                                  NK Clare - Group HR Director 
                                  JP Spencer - Group Financial 
                                  Controller 
                                  RK Purkis - Group Secretary 
---  -------------------------  ------------------------------------ 
 2.   Reason for the Notification 
---  --------------------------------------------------------------- 
 a)   Position/status            See 1(a) above for positions 
                                  - all classified as PDMRs 
                                  of the Company 
---  -------------------------  ------------------------------------ 
 b)   Initial notification/      Initial Notification 
       Amendment 
---  -------------------------  ------------------------------------ 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------- 
 a)   Name                       The Stanley Gibbons Group 
                                  plc 
---  -------------------------  ------------------------------------ 
 b)   LEI                        n/a 
---  -------------------------  ------------------------------------ 
 4.   Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  --------------------------------------------------------------- 
 a)   Description of             In each case, the grant of 
       the Financial              Options over Ordinary Shares 
       instrument, type           on 5 October 2016 
       of instrument 
--- 
      Identification             GB0009628438 
       code 
---  -------------------------  ------------------------------------ 
 b)   Nature of the              Grant of Options over Ordinary 
       transaction                Shares 
---  -------------------------  ------------------------------------ 
 c)   Price(s) and               Price: n/a 
       volume(s)                  Volumes(s): 
                                  HG Wilson - Options over 2,000,000 
                                  Ordinary Shares 
                                  A Cook - Options over 2,000,000 
                                  Ordinary Shares 
                                  AM Gee - Options over 400,000 
                                  Ordinary Shares 
                                  KAM Heddle - Options over 
                                  400,000 Ordinary Shares 
                                  MW Peterlechner - Options 
                                  over 400,000 Ordinary Shares 
                                  JW Harvey - Options over 400,000 
                                  Ordinary Shares 
                                  GHS Bailey - Options over 
                                  400,000 Ordinary Shares 
                                  NK Clare - Options over 200,000 
                                  Ordinary Shares 
                                  JP Spencer - Options over 
                                  200,000 Ordinary Shares 
                                  RK Purkis - Options over 200,000 
                                  Ordinary Shares 
---  -------------------------  ------------------------------------ 
 d)   Aggregated information:    n/a 
        *    Aggregated volume 
 
 
        *    Price 
---  -------------------------  ------------------------------------ 
 e)   Date of the transaction    5 October 2016 
---  -------------------------  ------------------------------------ 
 f)   Place of the               Outside a trading venue 
       transaction 
---  -------------------------  ------------------------------------ 
 

For further information, contact:

 
  The Stanley Gibbons Group plc 
    Harry Wilson                              [phone] 
    Andrew Cook                                711 
   finnCap Ltd (Nomad & Broker) 
    Stuart Andrews / Christopher Raggett 
    (corporate finance) 
    Tim Redfern / Simon Johnson (corporate    [phone] 
    broking)                                   0500 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 06, 2016 02:00 ET (06:00 GMT)