Company Information

 

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, coins, medals and banknotes;
  • auctioneering, valuing (for sale, auction, purchase, insurance and/or probate) the above;
  • 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 ((0.47%))
A Cook                    – 0
CP Whiley**^        – 500,000 (0.11%)
LE Castro                – 0
GE Shircore***      – 705,741 (0.17%)

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.

*Held in the name of Park Securities Limited in which H Wilson is a director and shareholder.

**Held in the name of Zodiac Executive Pension Scheme, of which C Whiley is a beneficiary.

^ESCL, Mr Whiley’s ultimate employer holds 1,800,000 Ordinary shares representing 0.42% of the Company’s issued share capital.

***Phoenix Asset Management Partners Limited, Mr Shircore’s ultimate employer, is the investment manager to Phoenix UK Fund Ltd which holds 248,000,000 Ordinary shares, representing 58.09% 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 Limited England Philatelic dealer, retailer, auctioneer and publisher
Stanley Gibbons (Asia) Limited Hong Kong Philatelic dealer
Stanley Gibbons (SEA) Pte Limited Singapore Philatelic dealer
Murray Payne Limited England Philatelic dealer and auctioneer
AH Baldwin & Sons Limited England Dealer in rare coins, medals and banknotes
Baldwin’s of St James’s Limited* England Auctioneer of rare coins, medals and banknotes
Stanley Gibbons (Guernsey) Limited***

(in Administration)

 

Guernsey Philatelic dealer and dealer in memorabilia

* Joint venture. 50% owned.

____________________________________

***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.

 ____________________________________

 

 

 

 

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)

G Shircore

 

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:

C Whiley (Chairman)

L Castro

G Shircore

 

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. C Whiley is employed by Evolution Securities China Limited which holds 1,800,000 Ordinary Shares representing 0.42% of the Company’s issued share capital. G Shircore is employed by Phoenix Asset Management Partners, the investment manager to Phoenix UK Fund Ltd which holds 248,000,000 Ordinary Shares representing 58.09% of the Company’s issued share capital.

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