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Appointment of Non-Executive Director

26th Aug 2010 12:12

RNS Number : 6931R
London Capital Group Holdings PLC
26 August 2010
 



 

 

 

London Capital Group Holdings plc

("London Capital" or the "Company")

Appointment of Non-Executive Director

The Board of London Capital Group Holdings plc is pleased to announce the appointment of Malcolm McCaig as a Non-Executive Director.  Malcolm (55) has worked extensively in the Financial Services sector and has valuable experience in the areas of risk management, regulatory compliance and IT. He was a Partner at both Ernst & Young and Deloitte and has held senior management positions at Prudential, National Australia Bank and CIGNA and is currently the Chairman of Kent Reliance Building Society and an Audit Committee member at the House of Lords. His Non-Executive Director portfolio also includes Unum, Renaissance Capital and Crest Nicholson. His appointment is subject to FSA regulatory approval.

Commenting on the appointment, Simon Denham, CEO, said: "We are delighted to welcome Malcolm to the Board. His knowledge and expertise will be a valuable asset to the Group both in ensuring enhanced corporate governance and assisting with our continued growth ambitions in the UK and overseas. "

Save as disclosed below, there are no additional disclosures to be made in accordance with paragraph (g) of Schedule 2 of the AIM rules for Malcolm McCaig.

 

Malcolm McCaig currently holds the following directorships:

 

Unum Ltd

Crest Nicholson Holdings Ltd

Kent Reliance Building Society

Renaissance Capital Ltd

Caley Ltd*

Glasgow Caledonian University Co Ltd

Meretune Managemetn (Falcon) Ltd

M G McCaig Limited, Consultancy

 

 

*Caley Ltd includes Barbon Insurance Group Ltd

 

 

For further information, please contact:

www.londoncapitalgroup.com

London Capital Group Holdings plc

020 7456 7000

Siobhan Moynihan, Group Finance Director

Smithfield Consultants

020 7360 4900

John Kiely, Gemma Froggatt

Cenkos Securities plc

Nick Wells/Camilla Hume

020 7397 8900

 

Print resolution images are available for the media to view and download from www.vismedia.co.uk

 

Notes to Editors:

 

London Capital Group Holdings plc (hereafter "LCGH plc" or "LCG" or "London Capital Group" or "the Group") is a rapidly growing 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 Services Authority. Its core activity is the provision of spread betting products on the financial markets to retail clients under the trading name Capital Spreads. Its other divisions provide online foreign exchange trading services to institutional and professional clients and also institutional derivatives broking. LCG Ltd is one of the leading providers of white label financial spread trading platforms and its white label partners include TradeFair, Paddy Power, PartyGaming Plc, Saxo Bank, and TD Waterhouse. Prospreads.com is authorised and regulated by the Financial Services Commission in Gibraltar and provides spread betting products on financial markets to professional clients.

 

LCG Ltd has a European passport and is a member of the London Stock Exchange. London Capital Group Limited 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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