London Capital Group Holdings PLC Directorate Change (2832Z)

TIDMLCG

RNS Number : 2832Z

London Capital Group Holdings PLC

04 February 2014

4 February 2014

London Capital Group Holdings plc

("LCG", "the Group", or the "Company")

Directorate Change

The Company announces that Mr John Jones, Chief Operating Officer of LCG, has been appointed to the Board of the Company with immediate effect. At the same time Mr William Newton has announced his resignation from both the LCG Ltd and PLC Boards. William will remain an adviser to LCG and will continue to make a substantial input to the Company's technical direction.

Mr Jones, 44, was appointed to the Company in July 2013 to manage operations for LCG Ltd. Prior to his appointment Mr Jones held a variety of senior positions in finance, trading and operations.

Commenting Kevin Ashby CEO said: "We are indebted to William for his contribution both to the Board and the Group's technology strategy; LCG is now set on firm technology foundations and I look forward to continuing to work with William in the future. Since his arrival in July 2013, John has made a substantial contribution to the Company and the Ltd Board and I look forward to his insight and contribution at the PLC Board."

Save as disclosed above, there is no further information required to be disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules.

For further information, please contact:

www.londoncapitalgroup.com

 
 London Capital Group Holdings 
  plc 
  Kevin Ashby, Chief Executive 
  Officer                         020 7456 7000 
 Smithfield Consultants 
  John Kiely                      020 7360 4900 
 Cenkos Securities plc 
  Nick Wells                      020 7397 8900

Notes to Editors:

London Capital Group Holdings plc (hereafter "LCGH plc" or "LCG" or "London Capital Group" or "the Group") is a financial services company offering online trading services.

London Capital Group Limited (LCG Ltd), a wholly owned trading subsidiary of LCGH plc, is authorised and regulated by the Financial Conduct Authority. Its core activity is the provision of spread betting and CFD products on the financial markets to retail clients under the trading names Capital Spreads, Capital CFDs and LCG MT. Its other divisions provide online foreign exchange trading services to institutional and professional clients and also institutional derivatives broking. LCG Ltd is one of the leading providers of white label financial spread trading and CFD platforms and its white label partners include TD Direct Investing, Bwin.party, and Saxo Bank.

LCG Ltd has a European passport and is a member of the London Stock Exchange. LCG Ltd also has access to international markets through its global clearing relationships.

LCGH plc is listed on the London Stock Exchange's AIM market. LCG is included in the General Financial sector (8770) and Speciality Finance sub sector (8775) and has a RIC code of LCG.L.

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOAUGUAUPUPCGAC

London Capital Hldgs (LSE:LCG)
Historical Stock Chart
From May 2024 to Jun 2024