IG Group Holdings plc Directorate Change (5189D)
October 28 2020 - 11:02AM
UK Regulatory
TIDMIGG
RNS Number : 5189D
IG Group Holdings plc
28 October 2020
IG Group Holdings plc
LEI No: 2138003A5Q1M7ANOUD76
28 October 2020
Directorate Change and Change of Chair of Audit Committee
The Board of IG Group Holdings plc (the "Company"), a global
leader in online trading, has today received notice from Jim Newman
of his intention to retire as a Non-Executive Director of the
Company and Chairman of the Audit Committee on 30 December 2020.
Jim Newman will also retire from his other committee
responsibilities on 30 December 2020. Andrew Didham will assume the
responsibilities of the role of Chair of the Audit Committee on
that date*.
Commenting on the changes, Company Chairman Mike McTighe said:
"I'd like to thank Jim for his significant contribution to the
Board since his appointment in October 2013 and for fulfilling the
role of Chairman of the Audit Committee since October 2014 which he
has done with considerable dedication, skill and professionalism.
We wish him every success for the future. I'd also like to welcome
Andrew to his new role as Chair of the Audit Committee."
* this is subject to regulatory approval in respect of IG Index
Limited and IG Markets Limited.
This announcement is made in accordance with Listing Rule
9.6.11.
For further information, please contact:
IG Group:
Investors contact
Liz Scorer, Head of Investor Relations 0044 20 7573 0727
investors@ig.com
Press contact
Ramon Kaur, Head of Communications 0044 20 7573 0060
press@ig.com
FTI Consulting
Ed Berry 0044 20 3727 1141 / 1046
About IG
IG empowers informed, decisive, adventurous, people to access
opportunities in over 17,000 financial markets. With a strong focus
on innovation and technology, the company puts client needs at the
heart of everything it does.
IG's vision is to provide the world's best trading experience.
Established in 1974 as one of the world's first providers of
financial derivatives to retail traders, it continued leading the
way by launching the world's first online and iPhone trading
services.
IG is an award-winning, multi-product trading company which
allows retail, professional and institutional clients to trade 24
hours a day, 7 days a week*. IG is the world's No.1 provider of
CFDs** and a global leader in forex. It provides leveraged services
with the option of limited-risk guarantees and offers an
execution-only stock trading service in the UK, Australia, Germany,
France, Ireland, Austria and the Netherlands. IG has a range of
affordable, fully managed investment portfolios, which provide a
comprehensive offering to investors and active traders.
IG is a member of the FTSE 250, with offices across Europe,
including a Swiss bank, Africa, Asia-Pacific, the Middle East and
North America. IG Group Holdings plc holds a long-term investment
grade credit rating of BBB- with a stable outlook from Fitch
Ratings.
*Excluding 10pm Friday (GMT) to 8am Saturday (GMT)
** Based on revenue excluding FX (from published financial
statements, June 2020)
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