London Capital Group Holdings PLC Conversion of Loan Notes and Issue of Equity (3626C)

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RNS Number : 3626C

London Capital Group Holdings PLC

16 January 2015

London Capital Group Holdings plc

("LCG" or the "Company")

Conversion of Loan Notes and Issue of Equity

16 January 2015

Further to the issue of convertible loan notes in the Company as announced on 17 October 2014, LCG has received notice from JIM Nominees Limited to convert GBP250,000 loan notes of GBP1 each at the conversion price of 25.02p into 999,201 new ordinary shares of 10p each in the Company. The minimum interest return payable in relation to this conversion is an additional 349,720 shares.

Accordingly, an application has been made for 1,348,921 ordinary shares of 10p each to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur at 8.00 am on 19 January 2015. Following Admission, the Company will have 57,149,829 ordinary shares in issue, of which 1,000,000 are held in Treasury. The total number of voting rights in the Company are therefore 56,149,829. This figure (56,149,829) may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Rules and Transparency Rules.

London Capital Group Holdings plc

Charles-Henri Sabet, Executive Chairman

020 7456 7000

Cenkos Securities plc

Nicholas 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 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

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