REG - IG Group Hldgs plc - Notice of General Meeting

IG groupAnnouncement

12/05/2025 07:02

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RNS Number : 1650I  IG Group Holdings plc  12 May 2025

 

12 May 2025

LEI No: 2138003A5Q1M7ANOUD76

IG GROUP HOLDINGS PLC

Proposed Capital Reduction and Notice of General Meeting

IG Group Holdings plc (the "Company") announces that it will be holding a
General Meeting at Cannon Bridge House, 25 Dowgate Hill, London, EC4R 2YA, at
10 a.m. on 29 May 2025.

The Notice of General Meeting and explanatory circular (the "Circular") is
today being posted to Shareholders and is available on the Company's website
at: https://www.iggroup.com (https://www.iggroup.com)  The Circular contains
details of a proposed capitalisation of merger reserve and reduction of
capital (the "Capital Reduction"), being undertaken to increase the
distributable reserves of the Company and to give the Company the flexibility
to make future distributions of profits in cash or in specie and / or to make
purchases of its own shares.

Capitalised terms in this announcement have the meaning given to them in the
Circular.

The Capital Reduction is conditional upon the passing of the special
resolution set out in the notice of General Meeting by the Company's
Shareholders, as well as approval being obtained by the Court.  It is
expected that the final hearing of the application will take place on 24 June
2025.

Completion of the Capital Reduction will not affect the rights attached to the
Ordinary Shares and will not result in any change to the number of Ordinary
Shares in issue (or their nominal value).

In accordance with UK Listing Rule 6.4.1, a copy of the Circular has been
submitted to the Financial Conduct Authority and will shortly be available for
inspection via the National Storage Mechanism.

 

 

 

Contact information

 Investor Relations                           Media

 Martin Price / Adnan Zab                     Sodali & Co

 020 7573 0020 / 020 7633 5310                020 7100 6451

 investors@ig.com (mailto:investors@ig.com)   iggroup@client.sodali.com (mailto:iggroup@client.sodali.com)

 

 

About IG

IG Group (LSEG:IGG)
(https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.iggroup.com%2F&data=05%7C01%7CNasia.PachitiPallikaropoulou%40ig.com%7C5d20050a393c470ede8408da6a48e028%7C4b4cca9cedaf42f38e219070c5d9d76b%7C0%7C0%7C637939158465717717%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=3PJr8TeTu1xbl3tGvYlFIvrSYmeaW5FZ4qw2qAngYaw%3D&reserved=0)
provides online trading platforms and educational resources to empower
ambitious clients around the globe. Headquartered in the UK, IG Group is a
FTSE 250 company that offers clients access to ~19,000 financial markets
worldwide.

 

 

Forward looking statements

Certain statements in this announcement, are, or may be deemed to be, forward
looking statements.  Forward looking statements are identified by their use
of terms and phrases such as ''believe'', ''could'', "should" ''envisage'',
''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect",
''will'' or the negative of those, variations or comparable expressions,
including references to assumptions.  These forward-looking statements are
not based on historical facts but rather on the Directors' current
expectations and assumptions regarding the Company's future growth, results of
operations, performance, future capital and other expenditures (including the
amount, nature and sources of funding thereof), competitive advantages,
business prospects and opportunities.  Such forward looking statements
reflect the Directors' current beliefs and assumptions and are based on
information currently available to the Directors.

 

 

 

 

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