29th Sep 2005 07:00
IG Group Holdings plc29 September 2005 29 September 2005 IG GROUP HOLDINGS PLC AGM Trading Update Jonathan Davie, Non-executive Chairman of IG Group Holdings plc, will make thefollowing statement at the Company's AGM to be held at 10.30am this morning: "In July, when we announced our results for the year to 31 May 2005, we saidthat the current financial year had begun well and that volumes had been strong.These strong volumes have continued through August and September and we continueto trade well across all areas of the business. The Board remains confident ofthe Group's prospects for the current year. "Our Australian Office, which we opened in 2002, continues to demonstrate rapidgrowth. We expect to open our next overseas office in Singapore within the nextfew months, subject to approval from the Monetary Authority of Singapore. Thisoffice is unlikely to contribute materially to the profits of the current year,but is an important step in establishing a presence in Asia and broadening IG'sinternational reach. "Over the coming months, we intend to continue to develop our unregulatedproduct range with the launch of a simplified form of binary bettingspecifically designed for the sports market. We now have the technology in placeto enable us to offer versions of our web-sites in multiple languages and wewill continue to roll these out." For further information please contact: IG Group 020 7896 0011Nat le Roux, Chief ExecutiveTim Howkins, Finance Director Financial Dynamics 020 7269 7200Robert BailhacheDominick Peasley www.iggroup.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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