Sign In
25 Feb 2013 07:00
London Capital Group Holdings plc
("LCG" or the "Company")
Board Changes
As disclosed in the Company's financial results announced on 20 February 2013 the Board is pleased to announce that Mark Slade, (51), has today taken up the role of CEO. His appointment is subject to the normal FSA approval process. Mark has extensive knowledge of both trading in financial markets and risk management, gained in a 30 year career most recently as CEO of Marex Financial and previously as Managing Director of Refco Overseas. He also served as a Director on the London Metal Exchange for seven years.
Commenting on the Board changes, Giles Vardey, Chairman, said "I am delighted that Mark Slade has decided to join us as the Company's new CEO. We all agree it is the right time for fresh leadership and he has a long and enviable track record in growing financial businesses. The Board is confident that he is the right person to take the Company forward."
Save as disclosed below there are no additional disclosures to be made in accordance with paragraph (g) of Schedule 2 of the AIM Rules in relation to Mark Slade.
The companies of which Mark Slade has been a director of in the past five years are as follows:
Refco Overseas Limited*
Refco Europe Limited*
Marex USA Limited
The Futures and Options Association
Marex Financial Limited
Marex Spectron Group Limited
Refco Limited
Refco MT Limited
Refco Trading Services (UK) Limited
Refco Energy (UK) Limited
Refco TC Limited
Westminster Clearing Limited
C.I. Investor Services
RGE Limited
*Entered into solvent a Voluntary Members Liquidation on 29 January 2007
For further information, please contact: www.londoncapitalgroup.com
London Capital Group Holdings plc
Siobhan Moynihan
Group Finance Director
020 7456 7000
Cenkos Securities plc
Nicholas Wells/Camilla Hume
020 7397 8900
Smithfield Consultants
John Kiely
020 7360 4900
Follow the stocks
