IG Group says all resolutions passed at AGM

Maria Nikolova

June Felix was re-elected as a Director, with 96.08% of the votes cast in favor of the resolution proposing her re-election.

Electronic trading major IG Group Holdings plc (LON:IGG) has just reported the results of the voting at the Annual General Meeting held earlier today. At the AGM, all the proposed resolutions were duly passed.

June Felix, the CEO of IG Group, was re-elected as a Director, with 96.08% of the votes cast in favor of the resolution proposing her re-election.

Let’s recall that the list of resolutions put to vote at the meeting included (list is not exhaustive):

  • To receive IG’s accounts and the reports of the Directors and the auditors for the year ended 31 May 2019.
  • To approve the Directors’ Remuneration Report for the year ended 31 May 2019.
  • To declare a final dividend on the ordinary shares of the Company for the year ended 31 May 2019 of 30.24 pence per ordinary share
  • To re-elect June Felix (Executive Director) as a Director of the Company.
  • To re-elect Stephen Hill (Non-Executive Director) as a Director of the Company
  • To re-elect Malcolm Le May (Non-Executive Director) as a Director of the Company.
  • To re-elect Paul Mainwaring (Executive Director) as a Director of the Company
  • To re-elect Bridget Messer (Executive Director) as a Director of the Company.
  • To re-elect Jim Newman (Non-Executive Director) as a Director of the Company.
  • To re-elect Jon Noble (Executive Director) as a Director of the Company.
  • To elect Sally-Ann Hibberd (Non-Executive Director) as a Director of the Company.
  • To elect Jonathan Moulds (Non-Executive Director) as a Director of the Company
  • To re-appoint PricewaterhouseCoopers LLP as the auditors of the Company to hold office until the conclusion of the next annual general meeting at which accounts are laid.
  • To authorise the Audit Committee of the Board to determine the auditors’ remuneration.

These are the results of the voting:

Also today, IG updated on the search process for a new Chairman, as Andy Green has stepped down from this role. The brokerage said today a preferred candidate for the chairman’s role has been identified and the appointment is subject to securing relevant regulatory approvals. While the appointment process continues, Jonathan Moulds, an existing Non-Executive Director and Chairman of the Board Risk Committee, will be appointed as Interim Chairman.

Read this next

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

<