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IG Group Holdings PLC (IGG.L)

IGG.L on London Stock Exchange

780.50GBp
19 Oct 2020
Change (% chg)

12.00 (+1.56%)
Prev Close
768.50
Open
750.50
Day's High
788.00
Day's Low
750.50
Volume
523,863
Avg. Vol
838,776
52-wk High
873.47
52-wk Low
534.22

Latest Key Developments (Source: Significant Developments)

IG Group Says Delivered Net Trading Revenue Of £209 Mln In Q1
Thursday, 17 Sep 2020 

Sept 17 (Reuters) - IG Group Holdings PLC ::IG GROUP HLDGS PLC - FIRST QUARTER REVENUE UPDATE.IG GROUP - BUSINESS PERFORMED VERY STRONGLY THROUGHOUT Q1, DELIVERING NET TRADING REVENUE OF £209 MILLION, 62% HIGHER.IG GROUP - NEW CLIENT ACQUISITION REMAINED STRONG.IG GROUP - TO DATE, NEW CLIENT RETENTION RATES, INCLUDING Q4 FY20 COHORT, ARE FOLLOWING SIMILAR TRAJECTORIES TO HISTORICAL AVERAGES..  Full Article

IG Group Says Q4 FY20 Revenue More Than Doubled To £259.5 Mln
Thursday, 23 Jul 2020 

July 23 (Reuters) - IG Group Holdings PLC ::FULL YEAR NET TRADING REVENUE GREW 36% TO £649.2 MILLION.FY PROFIT BEFORE TAX INCREASING 52% TO £295.9 MILLION.BOARD RECOMMENDS A FINAL DIVIDEND OF 30.24 PENCE PER SHARE,.Q4 FY20 REVENUE MORE THAN DOUBLED YEAR ON YEAR TO £259.5 MILLION.IN FY21 GROUP EXPECTS TO GROW UNDERLYING OPERATING EXPENSES BY 3%..VARIABLE REMUNERATION IN FY21 IS ANTICIPATED TO BE AROUND MIDPOINT OF FY19 AND FY20 LEVELS..UP ANTICIPATES A REVERSION TO MORE NORMALISED LEVELS OF MARKET VOLATILITY DURING COURSE OF FY21.  Full Article

IG Group Says Q3 Revenue £139.8 Mln, Remains Difficult To Accurately Predict Q4
Friday, 24 Apr 2020 

April 24 (Reuters) - IG Group Holdings PLC ::IG GROUP HLDGS PLC - TRADING UPDATE.IG GROUP HOLDINGS PLC - REVENUE IN FIRST 36 TRADING DAYS OF 61 IN Q4 FY20 IS ESTIMATED TO BE AROUND £173 MILLION.IG GROUP HOLDINGS PLC - REVENUE IN Q3 FY20 WAS £139.8 MILLION, AND REVENUE IN H1 FY20 WAS £249.9 MILLION.IG GROUP HOLDINGS PLC - OPERATING EXPENSES, EXCLUDING VARIABLE REMUNERATION, ARE NOW EXPECTED TO INCREASE BY AROUND £40 MILLION IN FY20, TO £300 MILLION.IG GROUP HOLDINGS PLC - EXPECTS THAT CHARGE FOR VARIABLE REMUNERATION IN FY20 WILL BE AROUND £42 MILLION.IG GROUP HOLDINGS PLC - COMMITTED £5 MILLION FROM ITS FY20 PROFIT BEFORE TAX TO IG BRIGHTER FUTURE FUND.IG GROUP HOLDINGS PLC - REMAINS DIFFICULT TO PREDICT ACCURATELY LEVEL OF REVENUE IN FINAL QUARTER OF THIS FINANCIAL YEAR.IG GROUP - REITERATES EXPECTS TO MAINTAIN 43.2 PENCE PER SHARE ANNUAL DIVIDEND UNTIL GROUP'S EARNINGS ALLOW COMPANY TO RESUME PROGRESSIVE DIVIDENDS.  Full Article

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

BRIEF-IG Group Says Q3 Revenue £139.8 Mln, Remains Difficult To Accurately Predict Q4

* IG GROUP HOLDINGS PLC - REVENUE IN FIRST 36 TRADING DAYS OF 61 IN Q4 FY20 IS ESTIMATED TO BE AROUND £173 MILLION