ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has raised £7.5 million on its 23rd annual global Charity Day, held yesterday. This is equivalent to approximately 3% percent of ICAP’s full year pre-tax trading profits.
Michael Spencer, Group Chief Executive Officer of ICAP, said: “I am thrilled that on our 23rd annual Charity Day yesterday, we collectively raised £7.5 million for 200 charities globally. This brings the total amount raised since 1993 to nearly £127 million.
“Support for charitable causes has always been of central importance to ICAP, providing essential funding to allow charities to flourish. However, none of this would have been possible without the dedication and goodwill of our employees, customers, suppliers and our distinguished guests who come together each year to help those people most in need. On behalf of ICAP and our charities, I would like to say thank you.”
100% of ICAP's revenues and 100% of its brokers' commissions from the day go directly to charities. This year, ICAP is supporting 200 charities globally, having supported more than 1,800 charities since the first Charity Day in 1993. A full list of the charities ICAP supported this year as well as more information about how ICAP's donation will make a difference can be found at www.icapcharityday.com.