Stanley Gibbons says no reason for share price jump
Philately specialist Stanley Gibbons noted the recent jump in its share price on Monday and said it knows no reason for the movement.
FTSE AIM All-Share
728.67
15:45 15/11/24
n/a
n/a
General Retailers
4,597.92
15:44 15/11/24
-0.15%
-7.02
Stanley Gibbons Group
1.60p
16:50 06/09/22
0.00%
0.00p
The AIM-listed group said it remains in dialogue with the bank and other parties in relation to its ongoing financing.
"The company remains in default under its banking facilities and is therefore reliant on the bank's support. Further announcements will be made in due course."
At 1450 GMT, the shares were up 11% to 5.48p.