JERSEY CITY, N.J., June 4 /PRNewswire-FirstCall/ -- Knight Capital Group,
Inc. (Nasdaq: NITE) today announced that on June 1, 2009 the Company issued a
total of 292,398 shares of restricted shares to three new employees. The
Shares were granted as inducements to employment under the Company's 2009
Inducement Award Plan in accordance with NASDAQ Marketplace Rule 5635. The
2009 Inducement Award Plan contains terms similar to that of the Company's
2006 Equity Incentive Plan.
The fair value of shares granted was based on the average of the high and
low price of Knight common stock on the business day immediately preceding the
date of grant. The shares vest ratably over three years on each anniversary of
the date of grant.
Knight Capital Group, Inc. (Nasdaq: NITE) is a leading financial services
firm that provides electronic and voice access to the global capital markets
across multiple asset classes for buy-side, sell-side and corporate clients.
In Global Markets, we provide market access and trade execution services in
nearly every U.S. equity security and a large number of global equities and
fixed income, foreign exchange, futures and options. Our approach to trading
combines deep liquidity with robust trading technology and capital
facilitation, when necessary, to deliver high quality trade executions
consistent with client defined measures. Our Corporate segment invests in
strategic, financial services-oriented opportunities, allocates, deploys and
monitors all capital and maintains all corporate overhead expenses. Our Asset
Management segment is reported as a discontinued operation as of March 31,
2009. More information about Knight can be found at www.knight.com.
Certain statements contained herein may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements are not historical facts and are
based on current expectations, estimates and projections about the Company's
industry, management's beliefs and certain assumptions made by management,
many of which, by their nature, are inherently uncertain and beyond our
control. Accordingly, readers are cautioned that any such forward-looking
statements are not guarantees of future performance and are subject to certain
risks, uncertainties and assumptions that are difficult to predict including,
without limitation, risks associated with (i) the costs, integration,
performance and operation of businesses recently acquired, or that may be
acquired in the future, by the Company, and (ii) the closing of the sale of
substantially all of the assets of the Asset Management business and costs and
expenses associated with the Company's exit from the Asset Management
business. Since such statements involve risks and uncertainties, the actual
results and performance of the Company may turn out to be materially different
from the results expressed or implied by such forward-looking statements.
Given these uncertainties, readers are cautioned not to place undue reliance
on such forward-looking statements. Unless otherwise required by law, the
Company also disclaims any obligation to update its view of any such risks or
uncertainties or to announce publicly the result of any revisions to the
forward-looking statements made herein. Readers should carefully review the
risks and uncertainties disclosed in the Company's reports with the U.S.
Securities and Exchange Commission (SEC), including, without limitation, those
detailed under the headings "Certain Factors Affecting Results of Operations"
and "Risk Factors" in the Company's Annual Report on Form 10-K for the
year-ended December 31, 2008, and in other reports or documents the Company
files with, or furnishes to, the SEC from time to time. This information
should also be read in conjunction with the Company's Consolidated Financial
Statements and the Notes thereto contained in the Company's Annual Report on
Form 10-K for the year-ended December 31, 2008, and in other reports or
documents the Company files with, or furnishes to, the SEC from time to time.
SOURCE Knight Capital Group, Inc.
CONTACT: Margaret Wyrwas, Senior Managing Director, Communications,
Marketing & Investor Relations, +1-201-557-6954,
email@example.com, or Kara
Fitzsimmons, Director, Media Relations, +1-201-356-1523,
firstname.lastname@example.org, or Jonathan
Mairs, Vice President, Corporate
Communications, +1-201-356-1529, email@example.com, all of
/Web Site: http://www.knight.com /