Appointment of Chief Financial Officer

CMC Markets Plc

04 September 2023

 

4^th September 2023

Appointment of Albert Soleiman as Chief Financial Officer

CMC Markets Plc ("CMC" or the "Group"), a leading global provider of online ("D2C") trading and ("B2B") platform technology, today announces that Mr Albert Soleiman has been appointed as Chief Financial Officer ('CFO') and Executive Director* with effect from 1^st September 2023.

Albert first joined CMC in 2005 having qualified as a Chartered Accountant with KPMG and became Group Head of Tax in 2008. In 2019 he joined Bitfury UK Limited as Global Tax Director before rejoining CMC in 2020 to lead the launch of the CMC Invest business. CMC Invest is a key element of our strategy to diversify the business and leverage our technologies and which enables our clients to generate long-term wealth through its investing platforms.

Euan Marshall, CMC's current CFO, retired from the Board on the same date but will remain with the Group for the next few months to support the orderly transition of the CFO role, as communicated on 7 July 2023.

James Richards, Chairman of CMC, commented:

"Albert has a deep knowledge of the Group which will support the execution of our diversification strategy. We have worked closely with Albert as he has developed the CMC Invest business and I look forward to working with him as a Board member."

Albert Soleiman commented:

"I am delighted to be taking on the role of CFO of CMC and look forward to working with the Group Board to drive the Group's strategy.  I am excited about playing my part in delivering that strategic vision and enhancing efficiencies within the business".

LEI Number: 213800VB75KAZBFH5U07

This announcement is made pursuant to Listing Rule 9.6.11.

In accordance with paragraph LR 9.6.13R of the Listing Rules, CMC confirms there is no further information to be disclosed in terms of LR 9.6.13R (1) to LR 9.6.13R (6) inclusive in respect of Albert Soleiman.

* The appointment is subject to regulatory approval.

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Enquiries

CMC Markets Plc

David Fineberg, Deputy Chief Executive Officer

[e-mail]

Media enquiries

Camarco

Geoffrey Pelham-Lane / Jennifer Renwick Tel: [phone]

Notes:

Remuneration Arrangements

Euan Marshall

Euan Marshall will receive his salary and benefits up until the end of his notice period. Euan's deferred CIP awards will lapse.

 

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