IG Group Holdings Plc (LSE:IGG) plans to establish a new Jersey-incorporated holding company as the online trading platform seeks greater financial flexibility while reporting stronger first-half trading.
The FTSE 100 company said the proposed restructuring, which is subject to shareholder and regulatory approval, would better reflect its increasingly international business, with around two-thirds of revenue now generated outside the UK.
IG said the move would not affect its London Stock Exchange listing, UK tax residency, effective tax rate or London operations. Shareholders would exchange their existing shares for new shares in the Jersey holding company on a one-for-one basis under a court-approved scheme of arrangement. The company expects the reorganisation to complete in the fourth quarter of 2026.
Alongside the proposal, IG said it expected first-half revenue of about £643 million, up 18% from a year earlier, with organic revenue rising about 16%. First trades more than doubled on a reported basis, while active customers increased 66%, reflecting continued growth following the acquisitions of Freetrade and Independent Reserve.
The group also announced changes to its operating model, combining its UK & Ireland, Europe and Asia-Pacific commercial divisions into a single consumer business to simplify operations and speed up product development.
IG said full-year results remain on track to meet market expectations and reiterated guidance for organic revenue growth of 10-15% in the 2026 financial year, with EBITDA margins in the mid-40% range.
