Nicolas Breteau granted awards over 768,883 TP ICAP shares
TP ICAP Group plc (LON:TCAP) today announced the grant of awards over ordinary shares of the company under the rules of the TP ICAP Group plc Restricted Share Plan (RSP) approved by shareholders on 11 May 2022.
Group CEO Nicolas Breteau was granted awards over 768,883 TP ICAP shares.
The 2022 RSP award will vest on the third anniversary of the date of grant and a further two-year holding period will apply. Mr Breteau will not be permitted to sell any shares during this time.
The number of awards granted was calculated using a share price of £1.2193, based on the volume-weighted average price for the five trading days preceding and including the date of grant, being 25 May 2022.
Nicolas Breteau was appointed Group CEO on 10 July 2018. His extensive experience in the global broking industry complements his in-depth knowledge of the Group’s operations and markets.
Mr Breteau continues to lead the development and implementation of the Board’s strategy and identify new opportunities for the continued future growth of the business. He also maintains a productive dialogue with institutional investors and other key stakeholders of the business.
During his career he has held senior managerial roles at MATIF (later part of Euronext) and, prior to joining TP ICAP, he served as Chief Executive of Newedge Group. Before his current appointment, Nicolas Breteau was CEO of TP ICAP’s largest business, Global Broking. He has also held directorship roles in Europe, Asia and the Americas at the Futures and Options Association (UK), Futures Industry Association (USA), Citic/Newedge (China) and Altura (Spain).