27 Aug 2014 11:54
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London Capital Group Holdings Information
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Don't have an account? Click here to register.London Capital Group says unaware of reason for share price jump
Fri, 27th May 2016 12:15
(ShareCast News) - London Capital Group noted the jump in its share price on Friday, saying it was not aware of any reason for the movement."As referred to in the company's results announced on 29 April 2015, the group will be seeking to increase its level of regulatory capital in the short term in order to take proper advantage of its new platform and to support the future growth of the business."In a pre-close trading update back in January, the company said that following the extensive restructuring and investment programme it had undertaken over the last 18 months, it was well positioned for future growth in line with its strategy."Against this background, the board is also looking at increasing the company's regulatory capital in order to support this growth," LCG said at the time.The company, which provides online trading services, reiterated this in the final results in April. At 1215 BST, shares were up 33% to 6.82p.
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31 Jul 2014 15:42
17 Jul 2014 11:49
17 Jul 2014 08:21
London Capital Group blames competition and low market volatility for H1 loss
Spread-betting firm London Capital Group (LCG) announced lower half-year revenue, forecast a drop into the red and said it was launching a cost-cutting drive. LCG, which owns Capital Spreads, said first-half revenue from continuing operations dropped to £9.2m from £15.2m a year ago. It expects an
Read more2 Jul 2014 15:56
London Capital Group rebuffs Spreadex takeover bid
Spread-betting firm Spreadex is mulling its next steps after embattled rival London Capital Group rebuffed its £16.7m takeover bid. Spreadex said it was "considering its options" after LCG, which owns Capital Spreads, turned down its 30p per share offer. The suitor said no discussions were taking
Read more2 Jul 2014 10:02
2 Jul 2014 09:50
London Capital Group "facing undisclosed takeover offers"
Embattled spread-betting firm London Capital Group has allegedly turned down a number of takeover bids that, according to media speculation, would benefit shareholders more than the financing it will put to them at an emergency meeting on Thursday. The spread-betting and CFD company recently propos
Read more18 Jun 2014 11:47
UK MIDDAY BRIEFING: BOE Policy Makers Still Unanimous
LONDON (Alliance News) - Bank of England policymakers unanimously decided to leave the key interest rates and asset purchase programme unchanged at the monetary policy meeting held on June 4 and 5, the minutes of the meeting showed Wednesday.
All nine members of the Monetary Policy
18 Jun 2014 11:24
UK WINNERS & LOSERS: Iraq Crisis Lifts Oil Prices, Oil Companies
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Royal Dutch Shell, up 1.9%. The oil major and state-owned China National Offshore Oil Corpor
17 Jun 2014 17:20
London Capital Group To Raise GBP17.5M In Financing
LONDON (Alliance News) - London Capital Group Holdings PLC said Tuesday that it plans to raise up to GBP17.5 million through a proposed financing as part of its plan to return to growth. The company said that GLIO Holdings Ltd, an investment company led by Charles-Henri Sabet, will subscrib
Read more2 May 2014 09:09
London Capital Swings To Quarterly Loss, Plans Convertible Placing
LONDON (Alliance News) - London Capital Group Holdings PLC Friday said it swung to a first-quarter GBP400,000 pretax loss from a GBP700,000 pretax profit a year earlier as it unveiled a placing of about GBP15.0 million in convertible loan notes. London Capital said GLIO Holdings Ltd, an inv
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