Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Capital Reorganisation

27th Jun 2025 07:00

RNS Number : 6542O
IG Group Holdings plc
27 June 2025
 

 

27 June 2025

LEI No: 2138003A5Q1M7ANOUD76

IG GROUP HOLDINGS PLC

Capital Reduction becomes effective

IG Group Holdings plc (the "Company") is pleased to announce that, following the sanction by the High Court of Justice in England and Wales (the "Court") of the reduction of capital by way of (i) release the Company's merger reserve (in the amount of £300,000,000) by issuing and then cancelling the New Deferred Shares (as defined in the Circular); (ii) reduction of the Company's share premium account by £125,747,231; and (iii) reduction of the Company's capital redemption reserve by £3,501 (the "Capital Reduction") on 24 June 2025, the order of the Court confirming the Reduction of Capital and a statement of capital approved by the Court, were registered by the Registrar of Companies on 26 June 2025. Accordingly, the Capital Reduction has now become effective.

Details of the Reduction of Capital were set out in the Notice of General Meeting and explanatory circular (the "Circular") dated 12 May 2025, and the Capital Reduction was approved by the shareholders of the Company at a general meeting of the Company on 29 May 2025.

The Capital Reduction does not affect the rights attached to the Ordinary Shares and there is no change in the number of Ordinary Shares in issue (or their nominal value).

 

 

 

Contact information

Investor Relations

 

Media

Martin Price / Adnan Zab

020 7573 0020 / 020 7633 5310

[email protected]

Sodali & Co

020 7100 6451

[email protected]

 

 

About IG

IG Group (LSEG:IGG) provides online trading platforms and educational resources to empower ambitious clients around the globe. Headquartered in the UK, IG Group is a FTSE 250 company that offers clients access to ~19,000 financial markets worldwide.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CARFFMMTMTTTTLA

Related Shares:

IG
FTSE 100 Latest
Value8,785.33
Change24.37