Entain board appoints Mark Gregory as chair of remuneration Share
Mark Gregory as an Independent Non-Executive Director with immediate effect.
Gregory has been appointed as the Chair of the FTSE100 group’s remuneration committee and will also hold a seat on the audit and nomination committees.
An expert in corporate finance, business transformation and M&A, Gregory is the former Chief Executive of
Merian Global, the London-based asset management firm acquired by
Jupiter AM in 2020 for £400 million.
Updating investors, Entain highlighted Gregory’s extensive leadership experience within financial services, having formerly served as Group CFO of
Legal & General (2013-2018).
Furthermore, Gregory maintains a deep understanding of the UK retail sector having held executive strategic development roles at
Mon, 8th Mar 2021 08:23
(Alliance News) - Equiniti Group on Monday said it has agreed to sell the EQi direct-to-consumer business of Equiniti Financial Services to interactive investor for GBP48.5 million.
Equiniti said the sale of the business to ii, already one of the largest share trading platforms in the UK, is expected be completed by the summer. It will receive GBP47.5 million in cash on completion and up to a further GBP1.0 million contingent on the timing of migrating customers onto the ii platform.
Equiniti said it will use the money to reduce debt, with interest costs expected to be reduce by GBP400,000 as a result. It will book a GBP13.0 million accounting profit on the deal and pay GBP2.1 million in corporation tax.
LONDON BRIEFING: ii buys share trading platform from Equiniti lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
The board of Richard Buxton s £33.9m Jupiter UK Growth investment trust (JUKG) has laid out its recommended proposals for the reconstruction and voluntary winding-up of the company, following December s announcement that it would team up with Brown Advisory Funds (BAF) to offer investors a rollover option to receive replacement shares in the firm s Global Leaders fund (BAGL).
JUKG s board first announced its intentions to liquidate the trust in October last year, following poor performance for a number of years and a subsequent lack of demand from investors. Former manager.
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