TIDMLCG

RNS Number : 6012E

London Capital Group Holdings PLC

11 April 2011

London Capital Group Holdings plc

("London Capital Group" or the "Company")

Completion of Placing and Directors' Shareholdings

London Capital Group is pleased to confirm that following the admission to trading on AIM of 13,333,333 Placing Shares at 8:00 a.m. today, it has successfully completed its Placing of approximately GBP8.0 million before expenses announced on 22 March 2011.

As part of the Placing, the following Directors in the Company subscribed for new ordinary shares in the Placing at the Placing Price of 60 p per share as follows:

 
                                                      No. of shares following 
                                                       the transaction 
                  No. of shares held   No. of shares   (% of issued share 
Name               before transaction   acquired       capital) 
                                                      7,301,053 
Simon Denham      5,967,720            1,333,333       (13.7%) 
                                                      4,365,000 
Rachel Woodford   3,365,000            1,000,000       (8.2%) 
                                                      4,500,000 
Frank Chapman     4,000,000            500,000         (8.5%) 
 
 
 

Defined terms in this announcement have the same meaning as those defined in the circular to shareholders dated 22 March 2011, a copy of which can be found on the Company's website: www.londoncapitalgroup.com/circulars.html.

For further information please contact:-

 
For further information, please contact: 
  www.londoncapitalgroup.com 
  London Capital Group Holdings plc 
  Simon Denham, Chief Executive Officer 
  020 7456 7000 
  Cenkos Securities plc 
  Nicholas Wells/Camilla Hume 
  020 7397 8900 
  Smithfield Consultants 
  John Kiely 
  020 7360 4900 
 
 
 

Neither the content of the Company's website nor the content of any other website accessible from hyperlinks on the Company's website is incorporated into, or forms part of, this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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