London Capital Group Holdings PLC Directorate Change (9381U)
October 21 2014 - 1:29PM
UK Regulatory
TIDMLCG
RNS Number : 9381U
London Capital Group Holdings PLC
21 October 2014
21 October 2014
London Capital Group Holdings plc
("London Capital Group", "LCG", the "Company" or the
"Group")
Board Change
The Company announces that Giles Vardey, Non-Executive senior
independent Director, has today announced his resignation as
non-executive director and has agreed to step down from the Board
with effect from 31 December 2014. Giles joined the Group as a
Non-Executive Director in May 2012, becoming Chairman in August
2012. Giles stepped down as Chairman, as previously announced, on
11 September 2014. The Board wishes to thank Giles for his hard
work and contribution to the Company.
Charles Henri-Sabet, Executive Chairman of LCG, said: "On behalf
of the Board and the wider management team I would like to thank
Giles for his sustained support for the Group since he joined as a
Non-Executive Director more than two years ago and his leadership
as Chairman through a period of transition for the business. We are
pleased that Giles' services will be available until the end of
this year when he formally steps down. The Board of LCG will be
announcing details of a new enlarged and strengthened management
team in due course."
For further information, please contact:
London Capital Group Holdings plc
Charles-Henri Sabet, Executive Chairman
020 7456 7000
Cenkos Securities plc
Nicholas Wells
020 7397 8900
Morgan Rossiter
James Rossiter/ Richard Morgan Evans
0203 195 3240
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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