WSPR Worldspd

TIDMWSPR

RNS Number : 9895Z

Worldspreads Group PLC

23 March 2012

WorldSpreads Group plc

("WorldSpreads" or the "Company")

Appointment of Receiver

Further to the announcement on 19 March 2012 regarding the appointment of joint special administrators to Worldspreads Limited, the Company's principal trading subsidiary, and the directors of Worldspreads having invited the secured lender to appoint a receiver, the Company's secured lender has appointed a receiver to the assets and undertaking of the Company (the "Receiver").

It is not anticipated that there will be any return to the Company's shareholders following the appointment of the Receiver.

For further information, please contact:

WorldSpreads Group plc

Lindsay McNeile, Executive Chairman

Dominic Bacon, General Counsel

+44 (0)20 7398 5100

Collins Stewart Europe Limited

Mark Dickenson

+44 20 7523 8350

About WorldSpreads Group plc

WorldSpreads Group plc (AIM: WSPR) is a financial services group that offered online and telephone trading. The Group's core activity was the provision of spread betting products on the financial markets to retail clients from its website www.worldspreads.com.

WorldSpreads Limited, a wholly-owned subsidiary of the Company, is regulated and authorised by the Financial Services Authority.

WorldSpreads Group plc floated on the London Stock Exchange's AIM market in August 2007 and gained a dual listing by joining what is now the Irish Stock Exchange's Enterprise Securities Market ("ESM") in May 2008.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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