[Press Release] London Capital Group Holdings plc : White Label Agreement

lgzic

09/10/2013 | 05:18am US/Eastern

London Capital Group Holdings plc
("LCG" or the "Company")

White Label Agreement

London Capital Group has been notified by Tradefair Spreads Limited, a wholly owned subsidiary of Betfair Group plc, that they intend to terminate their LCG operated White Label contract with effect from the end of 12 December 2013.

LCG's white label model allows organisations to market and profit from financial spread betting services with LCG providing the trading platform and support services. As with all white label partners the underlying client is a client of LCG and LCG pays the white label partner for its client acquisition activities. In the 6 months to 30 June 2013, clients introduced by Tradefair contributed ￡0.6m to the total gross profit of the Company of ￡11.7m.

For further information, please contact: www.londoncapitalgroup.com

London Capital Group Holdings plc
Kevin Ashby, Chief Executive Officer
020 7456 7000
Cenkos Securities plc
Nicholas Wells/Camilla Hume
020 7397 8900
Smithfield Consultants
John Kiely
020 7360 4900

Notes to Editors:
London Capital Group Holdings plc (hereafter "LCGH plc" or "LCG" or "London Capital Group" or "the Group") is a financial services company offering online trading services.

London Capital Group Limited (LCG Ltd), a wholly owned trading subsidiary of LCGH plc, is authorised and regulated by the Financial Conduct Authority. Its core activity is the provision of spread betting and CFD products on the financial markets to retail clients under the trading names Capital Spreads, Capital CFDs and LCG MT. Its other divisions provide online foreign exchange trading services to institutional and professional clients and also institutional derivatives broking. LCG Ltd is one of the leading providers of white label financial spread trading and CFD platforms and its white label partners include TD Direct Investing, Bwin.party, and Saxo Bank.

ProSpreads Limited, a wholly owned trading subsidiary of LCGH plc, is authorised and regulated by the Financial Services Commission in Gibraltar and provides Direct Market Access ("DMA") spread betting products on financial markets that are aimed at professional clients.

LCG Ltd has a European passport and is a member of the London Stock Exchange. LCG Ltd also has access to international markets through its global clearing relationships.

LCGH plc is listed on the London Stock Exchange's AIM market. LCG is included in the General Financial sector (8770) and Speciality Finance sub sector (8775) and has a RIC code of LCG.L.