March 31 (Reuters) - Canaccord Genuity Group Inc CF.TO :
* ANNOUNCES A RESTRUCTURING OF ITS UK CAPITAL MARKETS BUSINESS
* PLAN IS EXPECTED TO RESULT IN A SIGNIFICANT REDUCTION IN COMPANY'S LONDON-BASED CAPITAL MARKETS STAFF LEVEL
* CANACCORD GENUITY GROUP - CO ANTICIPATES OPERATING MORE FOCUSED UK CAPITAL MARKETS BUSINESS
* CANACCORD GENUITY GROUP - IN CONNECTION WITH RESTRUCTURING, CO TO RECORD A CHARGE OF ABOUT $12 MILLION IN ITS Q4 ENDING MARCH 31, 2019
* CANACCORD GENUITY- RESTRUCTURING DOES NOT AFFECT CO'S WEALTH MANAGEMENT OPERATIONS IN UK, EUROPE