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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cmc Markets Plc | LSE:CMCX | London | Ordinary Share | GB00B14SKR37 | ORD 25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
8.50 | 3.37% | 261.00 | 261.00 | 262.50 | 262.50 | 250.00 | 256.00 | 932,137 | 16:29:55 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security Brokers & Dealers | 321.78M | 41.44M | 0.1481 | 17.62 | 730.32M |
TIDMCMCX
RNS Number : 0957L
CMC Markets Plc
14 July 2017
14 July 2017
CMC MARKETS PLC
Board Changes
CMC Markets Plc ("CMC"), a leading global provider of retail CFD trading, today announces two changes to its board of directors (the "Board").
It is proposed that Sarah Ing will join the Board as a Non-Executive Director, subject to FCA approval. Sarah has 30 years' experience in accountancy, investment banking and fund management, including time with HSBC and UBS. She is a Chartered Accountant and was a top-rated equity research analyst covering the general financials sector. She also founded and ran a hedge fund investment management business. A further announcement will be made in due course once the FCA approval process has concluded and her date of appointment is confirmed.
Malcolm McCaig, Non-Executive Director, has tendered his resignation from the Board. It will take effect from the conclusion of the Annual General Meeting ("AGM") on 27 July 2017 and, accordingly, Mr McCaig will not be standing for re-election. Consequently, resolution 8, which seeks to re-elect him as a Director at the AGM, will be withdrawn.
CMC are also proposing to appoint a further Non-Executive Director to the Board and a recruitment process is currently underway.
Simon Waugh, Chairman said:
"The Board would like to thank Malcolm for his valuable contribution, advice and support as we moved from a private company to a public company. We wish him every success for the future. We would also like to welcome Sarah to the Board. Her experience and understanding of the sector, having analysed and advised a broad range of financial services businesses, will be a valuable addition to the Board."
Enquiries
Camarco (Financial PR) +44(0) 20 3757 4994
Geoffrey Pelham-Lane
Ed Gascoigne-Pees
Jennifer Renwick
Notes to Editors
Regulatory disclosures
Sarah Ing is considered to be independent for the purposes of the UK Corporate Governance Code.
There is no further information required to be disclosed pursuant to Listing Rule 9.6.13 (1) - (6) of the Listing Rules of the Financial Conduct Authority in respect of Sarah Ing.
About CMC Markets plc
CMC Markets plc ("CMC"), whose shares are listed on the London Stock Exchange under the ticker CMCX, was established in 1989 and is now one of the world's leading online financial trading businesses. The company serves retail and institutional clients through regulated offices and branches in 14 countries, with a significant presence in the UK, Australia, Germany and Singapore. CMC Markets offers an award-winning, online and mobile trading platform, enabling clients to trade over 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference ("CFDs"), financial spread bets (in the UK and Ireland only) and, in Australia, access stockbroking services. More information is available at http://www.cmcmarkets.com/group/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
July 14, 2017 05:00 ET (09:00 GMT)
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