Trading 212 UK Sacks Two Directors

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Trading 212, a London-based provider of trading platform for stocks,
exchange-traded fund and contract for difference (CFDs), has sacked two of its
directors, Rajvinder Kaur Somal and Borislav Tzonkov Nedialkov.

According to the company’s UK Companies House filings, the directors’
appointments were terminated last Thursday
(January 26th). However, the reason for the move was not disclosed in
the filings.

Somal was appointed Director in late February
last year. On the other hand, Nedialkov co-founded Trading 212 in 2004
alongside Ivan Ashminov. However, Nedialkov ceased to be a person with
significant control in the business in October 2016.

The termination of the directors’ appointments comes five months after
Trading 212 UK appointed Andrew Paul Rydon as a Director at the
company. Rydon is also a Non-Executive Director at various other
companies.

Until July last year, Rydon was the Chief Operating Officer at Investec
Wealth & Investment UK. He joined the investment management company after
spending over 14 years at Henderson Global Investors serving in various
capacities such as Chief Information Officer, Chief Technology Officer and
Global Head of IT.

The story will be updated as more details come in.

Trading 212, a London-based provider of trading platform for stocks,
exchange-traded fund and contract for difference (CFDs), has sacked two of its
directors, Rajvinder Kaur Somal and Borislav Tzonkov Nedialkov.

According to the company’s UK Companies House filings, the directors’
appointments were terminated last Thursday
(January 26th). However, the reason for the move was not disclosed in
the filings.

Somal was appointed Director in late February
last year. On the other hand, Nedialkov co-founded Trading 212 in 2004
alongside Ivan Ashminov. However, Nedialkov ceased to be a person with
significant control in the business in October 2016.

The termination of the directors’ appointments comes five months after
Trading 212 UK appointed Andrew Paul Rydon as a Director at the
company. Rydon is also a Non-Executive Director at various other
companies.

Until July last year, Rydon was the Chief Operating Officer at Investec
Wealth & Investment UK. He joined the investment management company after
spending over 14 years at Henderson Global Investors serving in various
capacities such as Chief Information Officer, Chief Technology Officer and
Global Head of IT.

The story will be updated as more details come in.



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