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IG Group Holdings PLC (IGG.L)

IGG.L on London Stock Exchange

673.60GBp
28 Feb 2020
Change (% chg)

9.40 (+1.42%)
Prev Close
664.20
Open
647.80
Day's High
673.60
Day's Low
632.60
Volume
2,628,760
Avg. Vol
762,856
52-wk High
711.80
52-wk Low
467.40

Latest Key Developments (Source: Significant Developments)

IG Group Holdings Says Robert Michael Mctighe Commences Role As Chairman
Monday, 3 Feb 2020 

Feb 3 (Reuters) - IG Group Holdings PLC ::IG GROUP HLDGS PLC - NEW CHAIRMAN UPDATE.IG GROUP HOLDINGS PLC - CONFIRMS THAT ROBERT MICHAEL (MIKE) MCTIGHE COMMENCES HIS ROLE AS CHAIRMAN OF COMPANY.IG GROUP HOLDINGS - JONATHAN MOULDS, WHO HAS BEEN ACTING AS INTERIM CHAIRMAN STEPS DOWN AS INTERIM CHAIRMAN WITH IMMEDIATE EFFECT.  Full Article

IG Group CFO Paul Mainwaring To Retire
Tuesday, 21 Jan 2020 

Jan 21 (Reuters) - IG Group Holdings PLC ::DIRECTORATE CHANGE.PAUL MAINWARING, CHIEF FINANCIAL OFFICER, HAS INFORMED BOARD OF HIS INTENTION TO RETIRE.PROCESS TO IDENTIFY A CFO SUCCESSOR IS UNDERWAY WITH ASSISTANCE OF AN EXTERNAL SEARCH FIRM.MAINWARING, TO CONTINUE IN ROLE AS CFO AND AS EXECUTIVE DIRECTOR OF CO TO ENSURE ORDERLY TRANSITION.  Full Article

IG Group H1 Pretax Profit Falls
Tuesday, 21 Jan 2020 

Jan 21 (Reuters) - IG Group Holdings PLC ::INTERIM RESULTS.AN INCREASE IN REVENUE FROM ITS SIGNIFICANT OPPORTUNITIES MARKETS OF £100 MILLION, TO AROUND £160 MILLION IN FY22..HY NET TRADING REVENUE £249.9 MILLION (H1 FY19: £251.0 MILLION).H1 OPERATING PROFIT FELL 11 PERCENT TO 100.1 MILLION STG.TO MAINTAIN 43.2 PENCE PER SHARE ANNUAL DIVIDEND UNTIL GROUP'S EARNINGS ALLOW CO TO RESUME PROGRESSIVE DIVIDENDS.AS PREVIOUSLY GUIDED GROUP EXPECTS:TO RETURN TO REVENUE GROWTH IN FY20.HY PROFIT BEFORE TAXATION 101.2 MILLION STG VERSUS 113.0 MILLION STG.ON TRACK TO DELIVER ON MEDIUM-TERM GROWTH TARGETS.HY REVENUE IN GROUP'S CORE MARKETS WAS £209.5 MILLION (H1 FY19: £222.8 MILLION).ACTIONS TO ENABLE NAVIGATION OF IMPACT OF PROPOSED CHANGES TO REGULATORY ENVIRONMENT IN AUSTRALIA ARE PROGRESSING AS PLANNED.BOARD HAS DECLARED AN INTERIM DIVIDEND OF 12.96 PENCE PER SHARE.  Full Article

IG Group Names Robert McTighe As Chairman
Wednesday, 11 Dec 2019 

Dec 11 (Reuters) - IG Group Holdings PLC ::NEW CHAIRMAN APPOINTMENT.APPOINTMENT OF ROBERT MICHAEL (MIKE) MCTIGHE AS CHAIRMAN OF BOARD.JONATHAN MOULDS WILL CONTINUE TO SERVE AS INTERIM CHAIRMAN UNTIL 3 FEBRUARY 2020 WHEN MIKE MCTIGHE'S APPOINTMENT TAKES EFFECT.  Full Article

IG Group Sees Net Trading Revenue In H1 Around £250 Million
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - IG Group Holdings PLC ::IG GROUP HLDGS PLC - PRE CLOSE TRADING UPDATE.IG GROUP HOLDINGS PLC - NET TRADING REVENUE IN H1 FY20 IS EXPECTED TO BE AROUND £250 MILLION.IG GROUP HOLDINGS PLC - REVENUE IN GROUP'S CORE MARKETS IN H1 FY20 IS EXPECTED TO BE AROUND £210 MILLION.IG GROUP - REDUCTION IN HY REVENUE IN CORE MARKETS IS DUE TO PRIOR YEAR PERIOD INCLUDING TWO MONTHS OF TRADING PRIOR TO IMPLEMENTATION OF ESMA MEASURE.IG GROUP HOLDINGS - CORE BUSINESS SERVED, ON AVERAGE, 78,500 OTC LEVERAGED CLIENTS PER QUARTER IN ITS CORE MARKETS IN H1 FY20.  Full Article

IG Group Appoints Jon Noble As Chief Operating Officer
Friday, 14 Jun 2019 

June 14 (Reuters) - IG Group Holdings PLC ::IG GROUP HLDGS PLC - DIRECTORATE CHANGE.IG GROUP HOLDINGS PLC - CHANGE TO ROLE, FUNCTION AND RESPONSIBILITIES OF JON NOBLE, AN EXECUTIVE DIRECTOR OF COMPANY SINCE 1 JUNE 2018.IG GROUP HOLDINGS PLC - JON NOBLE, PREVIOUSLY CHIEF INFORMATION OFFICER, IS APPOINTED AS CHIEF OPERATING OFFICER OF COMPANY WITH IMMEDIATE EFFECT.IG GROUP - BRIDGET MESSER, CHIEF COMMERCIAL OFFICER, PAUL MAINWARING, CFO, WILL CONTINUE TO SERVE AS EXECUTIVE DIRECTORS IN THEIR CURRENT ROLES.  Full Article

FCA Updates On Delay To Publication Of Final Rules For CFDs Products And CFD-Like Options
Friday, 26 Apr 2019 

April 26 (Reuters) - FCA::FCA STATEMENT ON DELAY TO PUBLICATION OF FINAL RULES FOR CFDS PRODUCTS AND CFD-LIKE OPTIONS.FIRMS THAT SELL, MARKET, OR DISTRIBUTE CFD-LIKE OPTIONS WOULD BE GIVEN AT LEAST TWO MONTHS TO COMPLY WITH NEW RULES.STILL CONSIDERING CONSULTATION FEEDBACK & ESMA’S TEMPORARY RESTRICTIONS CONTINUE TO APPLY; PLAN TO PUBLISH POLICY STATEMENT IN SUMMER 2019.FINAL RULES FOR CFDS WOULD APPLY FROM DATE THAT ESMA’S RESTRICTIONS EXPIRE, IF NOT EARLIER.  Full Article

IG Group Says Chairman Andy Green To Step Down In September
Monday, 15 Apr 2019 

April 15 (Reuters) - IG Group Holdings PLC ::ANDY GREEN HAS INFORMED BOARD OF HIS INTENTION TO STEP DOWN AS CHAIRMAN AT IG'S AGM IN SEPTEMBER 2019..MALCOLM LE MAY, AS SENIOR INDEPENDENT DIRECTOR WILL LEAD NOMINATIONS COMMITTEE IN SEARCH FOR NEXT CHAIRMAN OF IG..  Full Article

ESMA renews CFD restrictions for 3 months from May 1
Wednesday, 27 Mar 2019 

March 27 (Reuters) - :EUROPEAN SECURITIES AND MARKETS AUTHORITY TO RENEW RESTRICTIONS ON CFDS FOR A FURTHER THREE MONTHS FROM MAY 1.ESMA SAYS STILL HAS CONCERNS ABOUT THE OFFER OF CFDS TO RETAIL CLIENTS.  Full Article

IG Group Reports 12 Pct Lower Net Trading Revenue In Q3 Vs Q2
Thursday, 21 Mar 2019 

March 21 (Reuters) - IG Group Holdings PLC ::IG GROUP HLDGS PLC - THRID QUARTER REVENUE UPDATE.IG GROUP HOLDINGS PLC - NET TRADING REVENUE WAS £108.0M IN Q3 FY19, 12% LOWER THAN IN Q2 FY19.IG GROUP HOLDINGS PLC - TOTAL NUMBER OF OTC LEVERAGED ACTIVE CLIENTS IN Q3 INCREASED BY 1% TO 84,200.IG GROUP HOLDINGS PLC - YEAR TO DATE NET TRADING REVENUE OF £359.0M IS 15% LOWER THAN IN SAME PERIOD IN PRIOR YEAR.IG GROUP HOLDINGS PLC - LOWER REVENUE PER CLIENT REFLECTS REDUCING LEVELS OF VOLATILITY IN FINANCIAL MARKETS THROUGHOUT QUARTER.IG GROUP HOLDINGS PLC - LOWER YEAR TO DATE NET TRADING REVENUE REFLECTS IMPACT OF ESMA MEASURES.IG GROUP HOLDINGS PLC - CONTINUES TO EXPECT THAT ITS REVENUE IN FY19 WILL BE LOWER THAN IN FY18.IG GROUP - COST GUIDANCE FOR FY19 REMAINS UNCHANGED WITH TOTAL OPERATING COSTS EXPECTED TO BE AT A SIMILAR LEVEL TO £290 MILLION OPERATING COSTS IN FY18.IG GROUP HOLDINGS PLC - BOARD REITERATES THAT COMPANY EXPECTS TO MAINTAIN 43.2P PER SHARE ANNUAL DIVIDEND.  Full Article

UPDATE 1-IG Group's profit falls 10% as tighter regulations weigh

Jan 21 British online trading platform IG Group Holdings said on Tuesday its first-half profit fell 10% as it struggled with stricter regulations in Europe and Britain that curbed trading in certain risky products.