London Capital Group Holdings Regulatory News (LCG)

23 Apr 2008 11:44

London Capital Group Holdings PLC23 April 2008 23 April 2008 London Capital Group Holdings plc AGM Statement At the Annual General Meeting of London Capital Group Holdings plc ("LondonCapital Group" or the "Company"), held earlier today, Frank Chapman, ChiefExecutive Officer, gave the following update on trading: "I am pleased to report that London Capital Group has performed well in thefirst quarter and that strong underlying growth during the period has put theCompany ahead of management's expectations for the first quarter. All our business divisions continue to perform well, with spread betting growthaccelerating due, in part, to our new white label partnerships. Overall, weremain encouraged by the continued progress of the group and look forward to arobust first half trading performance." For further information, please contact: www.londoncapitalgroup.com ----------------------------- London Capital Group Holdings plc 020 7456 7000Frank Chapman, Chief Executive Officer Smithfield Consultants 020 7360 4900George Hudson Notes to Editors: London Capital Group Holdings plc is a rapidly growing financial servicescompany offering online trading services. Its core activity is the provision ofspread betting products on the financial markets to retail clients under thetrading name Capital Spreads. Its other divisions provide online foreignexchange trading services to institutional and intermediate clients under theCapital Forex brand and institutional derivatives and equities broking under thename Capital Derivatives. Based in London, LCG is regulated and authorised by the Financial ServicesAuthority, has a European passport and is a member of the London Stock Exchange.LCG also has access to other international and domestic markets through itsglobal clearing relationships. LCG floated on the London Stock Exchange's AIM market on 22nd December 2005 atan issue price of 82p. LCG is included in the General Financial sector (8770)and Speciality Finance sub sector (8775) and has a RIC code of LCG.L. This information is provided by RNS The company news service from the London Stock Exchange