10th Dec 2014 17:48
10 December 2014
LONDON CAPITAL GROUP HOLDINGS PLC
("London Capital Group", "LCG", the "Company" or the "Group")
Transaction in own Shares and Director Dealings
The Company announces that it has today purchased 1,000,000 ordinary shares of 10p each in LCG, at a price of 33p per share, to be placed into Treasury. Upon settlement of the above transaction, the Company's issued share capital remains unchanged at 55,800,908 ordinary shares, of which 54,800,908 ordinary shares in issue carry voting rights and of which 1,000,000 ordinary shares will be held in Treasury. The above figure (54,800,908) represents the total number of voting rights in the Company and 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.
The Company also announces that Charles Henri-Sabet, Executive Chairman, today purchased 1,000,000 ordinary shares of 10p each in the Company at a price of 33p per share. Following this transaction, Mr Sabet holds 1,650,000 ordinary shares in the Company representing approximately 3.01 per cent of the Company's total voting rights.
ENDS
For further information, please contact:
London Capital Group Holdings plc
Charles-Henri Sabet, Executive Chairman
020 7456 7000
Cenkos Securities plc
Nicholas Wells
020 7397 8900
Morgan Rossiter
James Rossiter/ Richard Morgan Evans
0203 195 3240
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.
Related Shares:
London Capital Group Holdings