RNS number: 8662P
IG GROUP HOLDINGS PLC
LEI No: 2138003A5Q1M7ANOUD76
13 February 2019
IG Group Holdings Plc (“IG”, “the Group” or “the Company”), a global leader in online trading has today received notice from Sam Tymms of her intention to step down from her role as a Non-Executive Director of the Company following the Board meeting on 20 March, 2019 to pursue other interests.
Andy Green Chairman of IG Group, on behalf of the Board, would like to extend his thanks to Sam for her contribution to the Board and as Chairman of the Board Risk Committee during her tenure of almost 6 years and wish her every success for the future.
Jonathan Moulds, a Non-Executive Director of the Company will be appointed as Chairman of the Board Risk Committee (the “Committee”), to replace Sam Tymms upon her resignation from the Board.
Jonathan Moulds is an existing member of the Committee and has comprehensive leadership and risk experience having served as Group Chief Operating Officer at Barclays plc and Chief Executive Officer of Merrill Lynch International. Jonathan has broad regulatory and pan-industry knowledge having been chairman of the International Swaps and Derivatives Association (ISDA) and as a serving Advisory Board member of the Association for Financial Markets in Europe (AFME).
This announcement is made in accordance with Listing Rule 9.6.11
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Head of Public Affairs
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under Article 17 of the Market Abuse Regulation ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
IG empowers informed, decisive, adventurous people to access opportunities in over 15,000 financial markets. With a strong focus on innovation and technology, the company puts client needs at the heart of everything it does.
IG’s vision is to be a global leader in retail trading and investments. Established in 1974 as the world’s first financial derivatives firm, it continued leading the way by launching the world’s first online and iPhone trading services.
IG is an award-winning, multi-platform trading company, the world’s No.1 provider of CFDs* and a global leader in forex. It provides leveraged services with the option of limited-risk guarantees, and offers an execution-only share dealing service in the UK, Australia, Germany, France, Ireland, Austria and the Netherlands. IG has a range of affordable, fully managed investment portfolios, to provide a comprehensive offering to investors and active traders.
It is a member of the FTSE 250, with offices across Europe, including a Swiss bank, Africa, Asia-Pacific, the Middle East and the US, where it offers on-exchange limited risk derivatives via the Nadex brand.
*Based on revenue excluding FX (from published financial statements, February 2018).