London based online FX, CFDs and spreadbetting broker CMC Markets Plc (LON:CMCX) issued an interesting statement following its Annual General Meeting last week, which also coincided with the release of CMC's quarterly Trading Update. While stating (as is certainly usual) that all the resolutions set out in the Notice of Annual General Meeting were duly passed as…
Read moreIn a fairly rare occurrence in today's corporate world, online gaming and financial technologies provider Playtech PLC (LON:PTEC) has seen its shareholders reject the company's proposed Annual Report on Remuneration at the company Annual Meeting held yesterday in the Isle of Man. Except in rare circumstances, annual meeting board resolutions are usually adopted (by wide margins) at…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has made regulatory filings indicating that longtime employee and current COO Yuval Ziv exercised options over 300,000 ordinary shares in the company. These options were granted under the company's 2011 Global Share Option Plan. Of the 300,000 options exercised, 60,000 were at a price of 121.0 pence per share…
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Binary options platform and brokerage group TechFinancials Inc (LON:TECH) has announced that under the terms of the Company's 2014 Employee Share Incentive Plan and on the recommendation of the Remuneration Committee, the Board yesterday granted options over 1,120,000 TechFinancials' ordinary shares to employees, directors and consultants to the Company at an exercise price of US$0.0915 (approximately 7…
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LeapRate has learned via regulatory filings in the UK that the newly installed CFO of NEX Group PLC (LON:NXG), Samantha Wren, has been granted 39,713 shares as part of the company's Performance Share Plan. At the current share price of £6.39, the grant is worth £254,000, or USD $326,000. The award will normally vest in three years…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that electronic trading network operator NEX Group PLC (LON:NXG) has made more than £11.5 million (USD $15 million) worth of bonus share grants to senior management. The largest grant worth $5.4 million went to NEX Group CEO Michael Spencer. DSBP Award PSP Award Total Shares Value £ Value US$…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that shareholders of online gaming and trading giant Playtech PLC (LON:PTEC) have rejected a resolution put forth by the company's board of directors, to issue a one-time grant of 1.5 million Playtech shares to CEO Mor Weizer. Weizer has been CEO of Playtech since 2007. The shareholder…
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FCA regulated online brokerage firm London Capital Group Holdings plc (LON:LCG) has announced changes it is making to its management and employee compensation programs. Essentially, many of the shares and warrants granted to existing staff only become 'in-the-money' and of value if LCG's share price rises above 46 pence per share. Given that LCG's current share…
Read moreIn an SEC filing Gain Capital Holdings Inc (NYSE:GCAP) has indicated that its CMO Samantha Roady, who technically holds the title of Chief Commercial Officer, recently received a grant totaling more than 131,000 GCAP shares worth about $1.2 million. After receiving the grant, Roady sold 42,000 of the shares on January 5 and 6, pocketing more than…
Read moreIt seems as though the recent increase in Gain Capital's share price, following the company's announced $118 million acquisition of City Index and stellar Q3 results, provided a good reason for a Gain Capital executive to sell some stock. In an SEC filing Gain Capital (NYSE:GCAP) has indicated that its CMO Samantha Roady, who technically holds the…
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