IG Group Holdings plc
29 September 2005
29 September 2005
IG GROUP HOLDINGS PLC
AGM Trading Update
Jonathan Davie, Non-executive Chairman of IG Group Holdings plc, will make the
following statement at the Company's AGM to be held at 10.30am this morning:
'In July, when we announced our results for the year to 31 May 2005, we said
that the current financial year had begun well and that volumes had been strong.
These strong volumes have continued through August and September and we continue
to trade well across all areas of the business. The Board remains confident of
the Group's prospects for the current year.
'Our Australian Office, which we opened in 2002, continues to demonstrate rapid
growth. We expect to open our next overseas office in Singapore within the next
few months, subject to approval from the Monetary Authority of Singapore. This
office is unlikely to contribute materially to the profits of the current year,
but is an important step in establishing a presence in Asia and broadening IG's
international reach.
'Over the coming months, we intend to continue to develop our unregulated
product range with the launch of a simplified form of binary betting
specifically designed for the sports market. We now have the technology in place
to enable us to offer versions of our web-sites in multiple languages and we
will continue to roll these out.'
For further information please contact:
IG Group 020 7896 0011
Nat le Roux, Chief Executive
Tim Howkins, Finance Director
Financial Dynamics 020 7269 7200
Robert Bailhache
Dominick Peasley
www.iggroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
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