The UK spreadbetting company (LON:LCG) is now looking to raise £12.5-15.0 million from Charles-Henri Sabet, plus another £0.5-2.5 million from institutions.
Read moreUnder new management, the big question is whether LCG can make a recovery in 2014. UK spreadbetting and CFDs broker London Capital Group (or "LCG"), which operates the Capital Spreads, Capital CFDs and LCG FX brands, announced summary results for the second half of 2013 on Wednesday. LCG Group revenue came in at £10.9 million, down…
Read moreAshby's shares only vest in 2017, and he benefits only if they increase more than 50% from current prices. UK online broker London Capital Group (LON:LCG) has announced that its new CEO, Saxo Bank veteran Kevin Ashby, has acquired more than 2.6 million LCG shares, bringing his total holdings to about 5% of outstanding LCG…
Read moreLCG's first half saw a 7% drop in revenues, at a time when other UK online trading brokers saw a nice rise in business. Quick follow-up to our story last week detailing London Capital Group's first half financials.... LCG shares have continued to drift downward in the past few days, completing a 17% drop in…
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