London Capital Group appoints Charles Poncet, Dimitri Goulandris and Julien Cohen to the Board as Non-Executive Directors

– UK, London – London Capital Group Holdings Plc (“LCG”) today announces that Dr. Charles Poncet, Dimitri Goulandris and Julien Cohen have been appointed as non-executive directors of the Company with immediate effect.

Dr. Charles Poncet is one of the leading international arbitration specialists in Geneva and has been a practicing lawyer for over 25 years. Charles has appeared in several leading cases concerning large scale investments, joint ventures and other disputes, often involving amounts in dispute in excess of one billion USD.  He is a partner in CMS von Erlach Poncet, one of Switzerland’s leading law firms and a member of the CMS network. He is also currently chairman of SOGEMCO SA and a director of Société des Hôtels Président. Charles was a member of the Swiss Parliament from 1989 to 1995 and is fluent in French, Italian, English and German.  Charles will bring valuable international experience to the board.

Dimitri Goulandris has 20 years’ of experience in financial services, with a focus on private equity. He spent eight years at Morgan Stanley in its private equity group, structuring derivative products and executing mergers and acquisitions from New York and London. From 1999 to 2001 Dimitri set up and ran the European operations of Whitney & Company, the private equity firm. Dimitri founded The Cycladic Group in 2002, which specialises in investing and creating businesses. The group has invested in over 40 businesses and founded five in the U.S, Europe, India, Africa and Latin America. Dimitri holds an MBA from the Harvard Business School and a master’s degree in electrical and information sciences from the University of Cambridge.

Dimitri will bring valuable high-level financial services and transactional experience to the board.

Julien Cohen has worked for 15 years in general corporate management and financial investment and brings a breadth of experience as a non-executive director and investor across industry sectors including mining, defence, commodities and information technology services.

Julien is currently a non-executive director and major shareholder at Ressources Robex, the Toronto and Frankfurt listed mining explorer and developer. He has worked for the Georges Cohen family investment firm since 2001. 

From 2001 to 2012 Julien was a non-executive director and major shareholder at Panhard General Defense, the combat vehicle maker. From 2003 to 2011 Julien was a non-executive director and major shareholder at Altergaz, the French natural gas producer. Julien is a graduate of the Institute Supérieur de Gestion in Paris.

Julien will bring to the board valuable technology investment and cross-sector experience in business growth and development.

Charles-Henri Sabet, executive chairman of LCG, said: “I am delighted to welcome Charles, Dimitri and Julien to the board and know that their broad skills and experience will be a real asset to the Company as we prepare for our move into overseas markets.

A combination of their collective experience across a broad spectrum of financial and professional services, coupled with their extensive knowledge of transacting across borders, provides the Group’s executive leadership team with the support needed as we progress with the next stage of development across our chosen business lines and selected product offerings.”

About London Capital Group Holdings plc

London Capital Group Holdings plc is a financial services company offering online trading services.

London Capital Group Limited (LCG Ltd), a wholly owned trading subsidiary of LCGH plc, is authorised and regulated by the Financial Conduct Authority. Its core activity is the provision of spread betting and CFD products on the financial markets to retail clients under the trading names Capital Spreads, Capital CFDs and LCG MT. Its other division provides online foreign exchange trading services to institutional and professional clients. LCG Ltd is one of the leading providers of white label financial spread trading and CFD platforms and its white label partners include TD Direct Investing, Bwin.party, and Saxo Bank.

LCG Ltd has a European passport and is a member of the London Stock Exchange. LCG Ltd also has access to international markets through its global clearing relationships.

 LCGH plc is listed on the London Stock Exchange’s AIM market. LCG is included in the General Financial sector (8770) and Speciality Finance sub sector (8775) and has a RIC code of LCG.L.

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