September 11, 2014 BY Andrew Saks-McLeod
Kevin Ashby resigns as CEO of London Capital Group
A week into Charles-Henri Sabet's new leadership initiative at London Capital Group, CEO Kevin Ashby heads for pastures new
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September 04, 2014 BY Andrew Saks-McLeod
It's official! Charles-Henri Sabet formally takes the helm at London Capital Group
Following regulatory approval by the FCA of Charles-Henri Sabet's proposed financing plan, Mr. Sabet has been appointed Executive Chairman of the company with immediate effect
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September 01, 2014 BY Mike Fox
Forex Weekly Look Back
ETX Capital management on Ariel acquisition | https://www.leaprate.com/Qg8wB Interest in CIF licenses grows whilst FX brokers shun Cyprus | https://www.leaprate.com/P5OIb AxiTrader introduces MT4 NexGen | https://www.leaprate.com/6RZiy 10 ways to improve broker marketing ROI | https://www.leaprate.com/Rz4ml London Capital Group H1 2014 revenues drop below £10 million | https://www.leaprate.com/u5mha Russian FX regulatory organisation recommends max leverage of…
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August 27, 2014 BY Mike Fox
London Capital Group first half 2014 revenues drop below £10 million
London Capital Group Holdings plc today announced interim results along with some notes and commentary for the six months of 2014, ended June 30th. LeapRate takes a glance...
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August 14, 2014 BY Andrew Saks-McLeod
FCA throws London Capital Group a lifeline, approves Sabet's financing proposal
Britain's regulatory authority gives the go-ahead for LCG's proposed financing plan to raise up to £17,500,000, through the issue of convertible loan notes to GLIO and Institutional Investors
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July 31, 2014 BY Mike Fox
Breaking News: London Capital Group COO John Jones resigns
Mr. Jones was also head of risk. This is likely part of the changes being made by the new regime in charge, led by Charles-Henri Sabet. London Capital Group (LON:LCG) officially states: London Capital Group announces that John Jones Chief Operating Officer of LCG has resigned from the Board to pursue other interests. His resignation will take…
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July 17, 2014 BY Mike Fox
London Capital Group trading update, first half revs down 39.5% YoY...
The Board of London Capital Group Holdings, (LON:LCG) the online spread betting, CFD and institutional FX company, announces the following trading update in respect of the first half of the current financial year and confirms that it will release interim results for the period ended June 30th 2014 on Wednesday August 27th 2014. Revenue from…
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July 03, 2014 BY Mike Fox
Approved! GLIO investment in London Capital Group blessed by shareholders
The Board of London Capital Group (LON:LCG) has announced that, at a General Meeting of shareholders held on July 3rd, the proposed investment in the Company by GLIO Holdings Ltd and possibly existing shareholder(s) of up to £17.5 million was approved, through the increase in share capital and waiving of preemption rights. The proposed changes…
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July 03, 2014 BY Gerald Segal
LCG shares sent soaring 17% on news of Spreadex bid
Today should be a very interesting day in the corporate history of UK spreadbetting firm London Capital Group (LON:LCG). Today's general meeting and shareholder vote will likely determine the fate of LCG - primarily, whether or not it ends up being 'rescued' by a £17.5 million investment to be made by an investor group led…
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July 02, 2014 BY Gerald Segal
Spreadex confirms it made £0.30-per-share all-cash bid for LCG and was rejected
Ramping up pressure on the board and shareholders of London Capital Group (LON:LCG), online sports betting and financial spread betting firm Spreadex confirmed that it had indeed recently made a proposal to acquire LCG, and was rejected by LCG's board. Spreadex's offer was all-cash, at £0.30 (30 pence) per share, representing a 46% premium to…
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