Lighthouse Group PLC Prospective Board Change (0092V)

TIDMLGT

RNS Number : 0092V

Lighthouse Group PLC

03 April 2019

3 April 2019

Lighthouse Group plc

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

Prospective Board Change

Lighthouse Group plc (AIM: LGT) announces that, in the light of the announcement made earlier today by Intrinsic Financial Services Limited of a recommended firm intention to make a cash offer for the entire issued and to be issued share capital of the Company (the "Acquisition"), it has been agreed that Richard Last, having previously announced his intention to stand down as a director and Chairman of the Company after the conclusion of the Lighthouse Annual General Meeting on 1 May 2019, will remain as a director and Chairman of the Company until the Acquisition process has been concluded.

For the avoidance of doubt, Richard Last will resign as a director and Chairman of the Company once the Acquisition has been completed.

For further information, please contact:

 
 Lighthouse Group plc 
 Richard Last, Chairman                             Tel: +44 (0) 20 7065 5640 
 Malcolm Streatfield, Chief              investorenquiries@lighthousefs.co.uk 
  Executive 
 Peter Smith, Finance Director                     www.lighthousegroup.plc.uk 
 
 
   finnCap Limited 
 (Nominated Adviser and Broker                      Tel: +44 (0) 20 7220 0500 
  to the Company) 
 Corporate Finance 
  Julian Blunt / Emily Watts 
  / Hannah Boros 
  Corporate Broking 
  Alice Lane / Richard Chambers 
 
 
   Media enquiries: IFC Advisory 
 Heather Armstrong / Tim Metcalfe                   Tel: +44 (0) 20 3934 6630 
  / Florence Chandler                  heather.armstrong@investor-focus.co.uk 
                                                     www.investor-focus.co.uk

About Lighthouse Group plc

Lighthouse has been listed on AIM since 2000 as an integrated financial services company for investors, coupled with significant scale in terms of distribution through financial advisers and wealth managers and its fully diversified business model.

As one of the UK's largest autonomous financial advice and wealth management groups, Lighthouse provides a comprehensive range of services to businesses and individuals and is retained by most of the major trades unions and other affinity groups to advise their combined memberships of over 6 million members.

The Group aims to increase its relationships with, and the benefits it derives from, its affinity group and professional partners.

In addition to a wide range of financial advice, the Group has developed innovative products to meet the specific needs of its retail and corporate customers.

Lighthouse operates from its headquarters in London as well as having principal operating offices in Stockport and Woodingdean, near Brighton.

For more information please visit: www.lighthousegroup.plc.uk

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END

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April 03, 2019 06:49 ET (10:49 GMT)

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