SafeCharge COO Yuval Ziv nets $440,000 profit from exercise of options

Yuval Ziv SafeCharge

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 and 240,000 were at a price of 225.5 pence per share. The shares received were immediately sold by Mr. Ziv, at 308.0 pence per share. The transaction thus netted Mr. Ziv a ‘cashless exercise’ profit of £310,200, or approximately USD $442,780.

Following the sale of these shares, Yuval Ziv’s shareholding in SafeCharge remains unchanged at 7,040 ordinary shares in the company, representing 0.005% of the company’s issued share capital. He also holds other SafeCharge employee options.

SafeCharge shares have risen nicely the past few weeks, after the company reported record Revenues for Q4-2017.

Related News


SafeCharge COO Yuval Ziv nets $440,000 profit from exercise of options


Send this to a friend

Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: