London Capital Group Holdings PLC Directorate Change (4416R)
September 11 2014 - 7:24AM
UK Regulatory
TIDMLCG
RNS Number : 4416R
London Capital Group Holdings PLC
11 September 2014
London Capital Group Holdings plc
("LCG" or the "Company")
Board Changes
The Company announces that Kevin Ashby has resigned as CEO and a
director of the Company. He became Chief Executive in July 2013 and
introduced Charles-Henri Sabet to the Company. Mr. Sabet has
recently become Chairman, and is leading a group of investors in
the Company, as announced earlier in the year.
Kevin Ashby therefore has decided that it is an appropriate time
to resign and concentrate on his other business interests. The
Board wishes to thank Kevin for his work for the company and wishes
him well in the future.
For further information, please contact:
www.londoncapitalgroup.com
London Capital Group Holdings plc
Giles Vardey, Non-executive senior independent Director
020 7456 7000
Cenkos Securities plc
Nicholas Wells
020 7397 8900
Smithfield Consultants
John Kiely
020 7360 4900
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 division provides online foreign exchange trading
services to institutional and professional clients. 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
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