Lon.fin&inv.grp Regulatory News (LFI)

LONDON FINANCE & INVESTMENT GROUP PLC - Directorate Change

PR Newswire

London, April 14

London Finance & Investment Group P.L.C.

(Incorporated in England with registered number 201151)

LSE code: LFI

JSE code: LNF

ISIN: GB0002994001

(“Lonfin” or “the Company”)

APPOINTMENT OF NON-EXECUTIVE DIRECTOR AND DIRECTOR DECLARATION

The Company announces that Edward Beale was appointed as a non-executive director of the Company on 13 April 2016.

Mr Beale is a Chartered Accountant and is the chief executive of City Group P.L.C., the Company’s subsidiary, company secretary and administrator. Up until August 2013, Edward was a member of the Accounting Council of the Financial Reporting Council. He is currently a member, and previously chairman, of the Corporate Governance Expert Group of the Quoted Companies Alliance. He is the non-executive chairman of Marshall Monteagle PLC and is a non-executive director of Western Selection P.L.C., Finsbury Food Group Plc and Swallowfield plc.

As previously announced on 1 March 2016, Mr Beale was granted options over 80,000 ordinary shares of 5 pence each in the capital of the Company (‘Ordinary Shares’) on 29 February 2016 (‘Date of Grant’), being an eligible employee under the rules of the London Finance & Investment Group Company Share Option Plan (the ‘Plan’) as chief executive of City Group P.L.C. The options have an exercise price of 37.5 pence per Ordinary Share, pursuant to the Plan, based on the average of the middle market quotations for the Ordinary Shares for the three immediately preceding business days. The options shall not normally be exercised earlier than the third anniversary of the Date of Grant and shall normally lapse upon the tenth anniversary of the Date of Grant.

There are no other details that are required to be disclosed in respect of Mr Beale’s appointment under paragraph 9.6.13 of the Listing Rules.

In accordance with Listing Rule 9.6.14 (2), the Company further announces that on 13 April 2016 Lloyd Marshall, a non-executive director of the Company, was appointed as a non-executive director of Western Selection P.L.C., a company listed on the ISDX Growth Market, which is 44% owned by the Company.

14 April 2016

Enquiries to:

London Finance & Investment Group P.L.C.

Telephone: 020 7796 9060

JSE Sponsor

Sasfin Capital (A division of Sasfin Bank Limited)