- 27 June 2025 07:01:36
- Source: Sharecast
27 June 2025
LEI No: 2138003A5Q1M7ANOUD76
IG GROUP HOLDINGS PLC
Capital Reduction becomes effective
IG Group Holdings plc (the "Company") is pleased to announce that, following the sanction by the High Court of Justice in England and Wales (the "Court") of the reduction of capital by way of (i) release the Company's merger reserve (in the amount of £300,000,000) by issuing and then cancelling the New Deferred Shares (as defined in the Circular); (ii) reduction of the Company's share premium account by £125,747,231; and (iii) reduction of the Company's capital redemption reserve by £3,501 (the "Capital Reduction") on 24 June 2025, the order of the Court confirming the Reduction of Capital and a statement of capital approved by the Court, were registered by the Registrar of Companies on 26 June 2025. Accordingly, the Capital Reduction has now become effective.
Details of the Reduction of Capital were set out in the Notice of General Meeting and explanatory circular (the "Circular") dated 12 May 2025, and the Capital Reduction was approved by the shareholders of the Company at a general meeting of the Company on 29 May 2025.
The Capital Reduction does not affect the rights attached to the Ordinary Shares and there is no change in the number of Ordinary Shares in issue (or their nominal value).
Contact information
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Investor Relations
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Media |
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Martin Price / Adnan Zab 020 7573 0020 / 020 7633 5310 investors@ig.com |
Sodali & Co 020 7100 6451 iggroup@client.sodali.com |
About IG
IG 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.
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