TP ICAP Share News (TCAP)
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Wed, 30th May 2018 08:15
LONDON (Alliance News) - TP ICAP PLC said on Wednesday that Chairman Rupert Robson will retire at the end of 2018.
Robson joined the board in 2007 and has been chairman since 2013.
The company is seeking a new non-executive chairman to succeed him.
Robson commented that it was timely for him to retire as the interdealer broker is halfway through its integration with former ICAP voice broking businesses.
Shares in TP ICAP were down 0.5% at 421.90 pence on Wednesday Morning.
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Read more(Sharecast News) - TP Icap said annual revenue at constant currency would be broadly unchanged despite falling profit and and income in the first half of the year.
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Read moreTP ICAP reports lower first-half revenue as trading volumes subdued
Read more(Sharecast News) - TP Icap reported a 1% fall in first-half revenue in a trading update on Tuesday, to £936m on a constant currency basis, with revenue declining 5% on a reported basis.
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