London Capital Group issues 500,000 new shares

London Capital Group Holdings plc (LON:LCG), the provider of spread betting and CFD trading services, earlier today announced the issue of 500,000 new ordinary shares in the company in part consideration for buying a domain name from a private individual.

The company has already applied for the new ordinary shares to be admitted to trading on AIM. It is expected that the admission will be effective on July 29, 2015.

After the admission, LCG will have 76,092,276 ordinary shares in issue, of which 1,000,000 are held in Treasury. The total number of voting rights in the Company will therefore be 75,092,276. This figure may be used by shareholders as the denominator for the calculations to determine whether they are required to notify their interest in, or a change to their interest in LCG.

To view the original filing with the London Stock Exchange on the equity issue, click here.

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