Martin Magee Appointed Non-Executive Director of Stanley Gibbons

Jersey based Stanley Gibbons Group plc, the AIM listed Company which trades in stamps, historical documents, coins and other collectibles for investors and collectors announces that Martin Magee (pictured) has joined the Board. Mr Magee has been appointed a Non-Executive Director, with effect from 1 August 2012 and will also chair the Group’s Audit Committee.

Martin, aged 52, has been a Jersey resident since May 2002 when he was appointed Finance Director of Jersey Electricity plc, moving from Scottish Power plc after nine years in a variety of senior finance roles. He previously worked for nine years with Stakis plc, (now part of the Hilton Hotels Group). He is also Chairman of Jersey Deep Freeze Limited, a Director of the Channel Islands Electricity Grid Limited and a Non-Executive Director of the Newton Offshore Strategy Fund Limited. He was a member of the States of Jersey Public Accounts Committee until 2011.

Martin Bralsford, Chairman, commented:

"Apart from his professional financial qualification and expertise, Mr Magee brings with him a background of public company and business experience. He is ideally suited to chair the Company’s Audit Committee and, after an extensive search in the Channel Islands and the United Kingdom, his appointment comes at a key point in the development of the Company, to which he will make a significant contribution."

Founded in 1856, Stanley Gibbons is the leading name in philately, autographs and collectibles; most recently expanding into numismatics. The business serves collectors and investors from all over the world and is supported by the number one philatelic website.

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