Company Information

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ANNOUNCEMENT

Nick Vermeulen and Zelf Hussain, of PricewaterhouseCoopers CI LLP and PricewaterhouseCoopers LLP respectively, were appointed joint administrators of Stanley Gibbons (Guernsey) Limited on 21 November 2017, (the Joint Administrators) to manage its affairs, business and property as agents without personal liability. The Joint Administrators are authorised to act as insolvency practitioners in Guernsey by the Institute of Chartered Accountants in England and Wales.
The Joint Administrators are bound by the Insolvency Code of Ethics which can be found at: https://www.gov.uk/government/publications/insolvency-practitioner-code-of-ethics. The Joint Administrators are Data Controllers of personal data as defined by the Data Protection Act 1998. PricewaterhouseCoopers LLP will act as Data Processor on their instructions. Personal data will be kept secure and processed only for matters relating to the Administration.

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Company Details

Registered Name:              The Stanley Gibbons Group plc

EPIC:                                      SGI

Market                                    Listed on AIM, a market operated by the London Stock Exchange

Sector:                                   General Retailers

Country of Incorporation:    Jersey. As The Stanley Gibbons Group plc is incorporated in Jersey and not in the UK, the rights of its shareholders may be different from the rights of shareholders in a UK Company. The Company’s AIM Admission Document contains a summary of the rights of its shareholders, which are set out in more detail in the Company’s Articles of Association

The Company is subject to the UK City Code on Takeovers and Mergers

Registered Number:           13177

Financial Year End:             31 March

Principal Activities:

The principal activities of the Group are as follows:

  • trading in stamps and other philatelic items, autographs & memorabilia, coins, medals, banknotes, books, paper ephemera and other collectibles;
  • dealing in antiques including furniture, works of art, clocks and other high quality objets d’art;
  • auctioneering, valuing (for sale, auction, purchase, insurance and/or probate) the above plus rare books, manuscripts and wine;
  • development and operation of collectibles websites, online trading and auctioneering;
  • philatelic and collectibles publishing including catalogues, albums and magazines in hard copy and electronic media;
  • retail and mail order;
  • manufacturing of albums and accessories.

 

The information on this website is disclosed pursuant to Rule 26 of the AIM Rules for Companies

Registered Office

The Registered Office of The Stanley Gibbons Group plc is:

18 Hill Street,
St Helier,
Jersey,
JE2 4UA

Tel:   01534 766711
Fax:  01534 766177

Directors’ Shareholdings

The interests of the Directors in the ordinary shares of the Company are as follows:

HG Wilson             – 2,000,000 (1.11%)
A Cook                    – 0
CP Whiley              – 500,000 (0.28%)
HAJ Turcan           – 0
LE Castro               – 0

The Directors’ interests are all beneficial. Details of the Directors’ share options are given in the Remuneration Report of the latest Annual Report and Accounts.

HAJ Turcan does not have any beneficial interest in the ordinary shares of the Company. Lombard Odier Asset Management, Mr Turcan’s ultimate employer, holds 52,173,988 ordinary shares, representing 29.16% of the Company’s issued share capital.

THE STANLEY GIBBONS GROUP PLC AND TRADING SUBSIDIARIES

 

Name Country of incorporation Principal activity
The Stanley Gibbons Group plc Jersey Holding company
Subsidiaries
Stanley Gibbons (Guernsey) Limited Guernsey Philatelic dealer and dealer in memorabilia
Stanley Gibbons (Jersey) Limited Jersey Philatelic dealer and dealer in memorabilia
Stanley Gibbons E-Commerce Limited Jersey E-commerce retailing
Stanley Gibbons (US), Inc United States Web development
Stanley Gibbons Holdings Limited England Holding Company
Stanley Gibbons Limited England Philatelic dealer and retailer, and dealer in memorabilia
Stanley Gibbons (Asia) Limited Hong Kong Philatelic dealer and dealer in memorabilia
Stanley Gibbons (SEA) Pte Limited Singapore Philatelic dealer and dealer in memorabilia
Murray Payne Limited England Philatelic dealer and auctioneer
Noble Investments (UK) Limited England Holding Company
AH Baldwin & Sons Limited England Dealer and auctioneer in rare coins and other collectibles
Baldwin’s of St James’s Limited* England Auctioneer in rare coins and other collectibles
The Fine Art Auction Group Limited England Auctioneers and valuers of art, antiques and collectibles
Greenfield Auctions Limited England Auctioneers of works on paper
Bid for Wine (UK) Limited England Auctioneers of wine and spirits
Mallett Limited England Holding Company
Mallett & Son (Antiques) Limited England Dealers in art, antiques and objet d’art
Mallett Overseas Limited England Holding Company
Mallett, Inc. United States Dealers in art, antiques and objet d’art

* Joint venture. 50% owned.

 

 

 

 

 

 

Corporate Governance

So far as is appropriate, the Board aims to apply the underlying principles of the UK Corporate Governance Code, having regard to the size of the Company. The principal areas where these underlying principles are applied in the running of the Company are set out below.

The Company holds board meetings regularly throughout the year at which operating and financial reports are considered. The Board is responsible for formulating, reviewing and approving the Group’s strategy, budgets, major items of capital expenditure and senior personnel appointments.

 

Audit Committee

The Audit Committee is comprised of non-executive Directors. The Committee meets at least twice a year and is responsible for ensuring that the financial performance of the Group is properly maintained and reported on. It is also responsible for meeting the auditors and reviewing the report from the auditors relating to the financial statements.

Members of the Audit Committee are:

L Castro (Chairman)

H Turcan

 

Remuneration Committee

The Remuneration Committee is comprised of non-executive Directors. It reviews the performance of the executive Directors and sets the scale and structure of their remuneration and the basis of their service agreements with due regard to the interests of shareholders.

The Remuneration Committee has responsibility for making recommendations to the Board on the Group’s general policy on remuneration and also specific packages for individual Directors. No Director plays a part in any decision concerning his own remuneration.

Members of the Remuneration Committee are:

H Turcan (Chairman)

L Castro

 

Nomination Committee

The Nomination Committee comprises the Chairman and a non-executive Director. The Committee considers appointments to the Board and is responsible for nominating candidates to fill Board vacancies and for making recommendations on Board composition.

Members of the Nomination Committee are:

H Wilson (Chairman)

L Castro

 

L Castro is independent. He does not have any personal financial interest in the matters to be decided. H Turcan is employed by Lombard Odier Asset Management, a significant shareholder in the Company. Neither of them has any day to day involvement in the running of the business.

 

Constitutional Documents and Circulars

To view the documents for The Stanley Gibbons Group plc, please click on the files below.

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Files


Policy Documents