London Capital Group appoints John Jones, COO to its Board of Directors

– UK, London – London Capital Group Holdings plc announces that Mr John Jones, Chief Operating Officer of LCG, has been appointed to the Board of the Company with immediate effect. At the same time Mr William Newton has announced his resignation from both the LCG Ltd and PLC Boards. William will remain an adviser to LCG and will continue to make a substantial input to the Company’s technical direction.

Mr Jones, 44, was appointed to the Company in July 2013 to manage operations for LCG Ltd. Prior to his appointment Mr Jones held a variety of senior positions in finance, trading and operations.

Commenting Kevin Ashby CEO said: “We are indebted to William for his contribution both to the Board and the Group’s technology strategy; LCG is now set on firm technology foundations and I look forward to continuing to work with William in the future.  Since his arrival in July 2013, John has made a substantial contribution to the Company and the Ltd Board and I look forward to his insight and contribution at the PLC Board.”

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 divisions provide online foreign exchange trading services to institutional and professional clients and also institutional derivatives broking. 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.

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.