Business
Notice of General Meeting
Notice of General Meeting.
About this update from Ig Group Holdings Plc
[{"type":"text","content":"\n\n\n \n12 May 2025\nLEI No: 2138003A5Q1M7ANOUD76\n\nIG GROUP HOLDINGS PLC\nProposed Capital Reduction and Notice of General Meeting\n\nIG 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.\nThe 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 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.\nCapitalised terms in this announcement have the meaning given to them in the Circular.\nThe 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.\nCompletion 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).\nIn 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.\n \n \n \nContact information\n\n\n\n\nInvestor Relations\n \n\n\nMedia\n\n\n\n\nMartin Price / Adnan Zab\n020 7573 0020 / 020 7633 5310\[email protected]\n\n\nSodali & Co\n020 7100 6451\[email protected] \n\n\n\n\n \n \nAbout IG\nIG Group (LSEG:IGG) 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.\n \n \nForward looking statements\nCertain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identifi...