London Capital Group Holdings PLC Directorate Change (5304A)

TIDMLCG

RNS Number : 5304A

London Capital Group Holdings PLC

23 December 2014

LONDON CAPITAL GROUP HOLDINGS PLC

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

BOARD CHANGES

London Capital Group today announces that Nicholas Lee and Rebecca Fuller have been appointed as non-executive directors of the Company with immediate effect. Rebecca Fuller becomes the Company's senior independent non-executive director.

Nicholas Lee has more than 25 years of experience in international investment banking and working as a company director. Nicholas was with Dresdner Kleinwort and its antecedent firms from 1988 to 2009, starting at Kleinwort Benson Group plc and rising to managing director, head of banking, hedge fund solutions. Previously as a managing director in mergers and acquisitions at Dresdner Kleinwort Wasserstein, Nicholas' clients included leading European financial services firms and large industrial, consumer leisure and technology companies. Nicholas is currently executive chairman of AIM-listed Paternoster Resources plc and non-executive director of AIM-listed MX Oil plc. Nicholas was previously a director and head of corporate finance at Novus Capital Markets Limited and a director of AIM-listed Metal Tiger plc and Plutus Powergen plc. Nicholas qualified as a chartered accountant with Coopers & Lybrand and has an MA in engineering from St John's College, Cambridge.

Nicholas will bring to the board valuable investment banking advisory experience and cross-sector corporate strategy expertise to the board.

Rebecca Fuller has 20 years of experience as a practising lawyer in governance, regulation and risk management within leading international financial institutions and at some of the world's largest law firms. Rebecca has been since May 2013 an independent non-executive director at BATS Trading Limited, the largest pan-European equities regulated investment exchange, and is a director of Anico Financial Services Limited which she co-founded. From 2004 to 2012 Rebecca was general counsel and head of compliance at Citadel Investment Group in Europe and from 2010 to 2012, a director of Citadel Securities (Europe) Limited. From 2000 to 2003 Rebecca was legal counsel for the Lehman Brothers' equities division in Europe. She previously practised as a finance lawyer with Clifford Chance after serving as associate to the Honourable MEJ Black, Chief Justice of the Federal Court of Australia, and completing her training with Freehills. Rebecca is a barrister and solicitor of the Supreme Court of Victoria, Australia, and a solicitor of the Supreme Court of England and Wales. Rebecca has an M Juris in European and Comparative law from Balliol College, Oxford and an LLB and BA in French and Economics from the University of Queensland.

Rebecca will bring to the board valuable experience in international governance and risk management across the financial services industry.

Charles-Henri Sabet, executive chairman of LCG, said:

"I am delighted to welcome Nicholas and Rebecca to the board and know that their deep advisory skills and experience of international finance at the highest level will add significant value to the Company as we evolve our offerings through the development of new products and expansion into overseas markets.

Nicholas and Rebecca's expertise across both international investment banking and sophisticated financial institutions dovetail with the broad spectrum of skill sets across financial services and cross border transactional work garnered from our other recent excellent additions to the main board. The Group's executive leadership team is pleased to have the range of support and experience needed as we progress with the next stage of development."

Further information in accordance with Schedule 2, paragraph (g) of the AIM Rules:

Nicholas Lee, 52, is currently, or has been previously, a director or partner of the following companies or partnerships within the last 5 years:

ACL Capital Limited

Paternoster Resources plc

MX Oil plc (formerly Astar Minerals plc)

Boustead Agriculture Limited

Rift Valley Trading Limited

Brady Exploration plc (now Metal Tiger plc)*

Plutus Resources plc (now Plutus Powergen plc)*

Leed Resources plc*

Centurion Resources plc (now Finnaust Mining plc)*

Novus Capital Markets Limited*

Paragon Diamonds plc*

Waste Power Generation Limited*

Gardener Holdings (Kent) Limited*

Sweet China Limited*

*Indicates no longer a director

Rebecca Shelley Fuller, 44, is currently, or has been previously, a director or partner of the following companies or partnerships within the last 5 years:

BATS Trading Limited

Anico Financial Services Limited

Anico Corporate Services LLP

Citadel Securities (Europe) Limited*

Citadel Commodity Products Limited*

Rebecca was a director at the time when Citadel Commodity Products Limited was placed into voluntary liquidation in 2009.

*Indicates no longer a director

Save as disclosed above, there is no further information required to be disclosed in accordance with Schedule 2, paragraph (g) of the AIM Rules.

ENDS

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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