Board Change

RNS Number : 2141M

CMC Markets Plc

27 July 2017

 

27^th July 2017

CMC Markets Plc

Board Changes

CMC Markets Plc (LSE:CMCX or "CMC"), a leading global provider of retail CFD trading, today announces two additions to its board of directors (the "Board").

It is proposed that Clare Salmon and Paul Wainscott join the Board as a Non-Executive Directors, subject to FCA approval.

Clare has held a broad variety of international leadership roles with Board level experience across a range of service businesses. These have included the AA, RSA, Vodafone and Royal London. Clare is also an experienced non-executive director having spent six years on the Board of Alliance Trust Plc, and most recently was CEO of the British Equestrian Federation.

Paul has over 27 years' experience as Finance Director of the Peel Group. During his time at the Peel Group, Paul has gained wide experience at both Board level and in several different business sectors. These have included real estate, transport, media and utilities.  

The proposed appointment of Clare and Paul follows the proposed appointment of Sarah Ing (also subject to FCA approval), as announced by CMC on 14 July 2017. This brings the total number of independent directors on the Board to four, alongside the Chairman and three executive directors.

Simon Waugh, Chairman said: "We would like to welcome Clare and Paul to the Board, and their wide experience and skills will be a valuable addition."

Enquiries

Camarco (Financial PR)                                                                                    [phone]

Geoffrey Pelham-Lane

Ed Gascoigne-Pees

Jennifer Renwick

Regulatory disclosures

Clare Salmon and Paul Wainscott are considered to be independent for the purposes of the UK Corporate Governance Code.

There is no further information required to be disclosed pursuant to Listing Rule 9.6.13 (1) - (6) of the Listing Rules of the Financial Conduct Authority in respect of either Clare Salmon or Paul Wainscott.

About CMC Markets plc

CMC Markets plc ("CMC"), whose shares are listed on the London Stock Exchange under the ticker CMCX, was established in 1989 and is now one of the world's leading online financial trading businesses.  The company serves retail and institutional clients through regulated offices and branches in 15 countries, with a significant presence in the UK, Australia, Germany and Singapore. CMC Markets offers an award-winning, online and mobile trading platform, enabling clients to trade up to 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference ("CFDs"), financial spread bets (in the UK and Ireland only) and, in Australia, access stockbroking services.  More information is available at http://www.cmcmarkets.com/group/

 

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