Breaking: LCG Top Shareholders Preparing to Delist the Company from LSE

[kreslik.news]

The majority shareholder of London Capital Group, GLIO Holdings is proposing a delisting of the company from the London Stock Exchange. The news comes multi-year declines in the broker’s value.

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The company has been actively pursuing a restructuring since Charles Henri Sabet brought in a convertible loan investment from GLIO Holdings in 2014. After an initial investment of £17.5 million, the investor swapped its debt for equity and ended up with a controlling stake.


The announcement made by LCG via the London Stock Exchange’s Regulatory News ... (read more)