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GFI (http://www.GFIgroup.com) (Nasdaq: “GFIG”) is a leading provider of wholesale brokerage, electronic execution and trading support products for global financial markets. GFI Group Inc. provides brokerage services, market data, trading platform and analytics software products to institutional clients in markets for a range of credit, financial, equity and commodity instruments.
Headquartered in New York, GFI was founded in 1987 and employs more than 1,700 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Santiago, Dubai, Dublin, Tel Aviv, Calgary, Englewood (NJ) and Sugar Land (TX). GFI Group Inc. provides services and products to over 2,100 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI SM, GFInet®, CreditMatch®, GFI ForexMatch®, EnergyMatch®, FENICS®, Starsupply®, Amerex®, and Trayport®.
| STOCK SPLIT & DIVIDEND INFORMATION | |
The Board of Directors of GFI Group has declared a four-for-one stock split in the form of a stock dividend payable to stockholders of record on March 14th, 2008. The stock dividend will be distributed on March 31, 2008. GFI’s Board of Directors has also declared a special cash dividend of $0.125 per share, on a post-split basis, to stockholders of record on March 14, 2008, payable on post-split shares on March 31, 2008. GFI stockholders do not need to exchange their current stock certificates or take any other action to receive the split shares or cash dividend. In addition, the Board of Directors has approved a policy going forward of quarterly dividends in an amount to be determined by the Board each quarter that is currently targeted to be up to 15% of net income for the period. The actual declaration of any future dividends and the establishment of the record dates related thereto remains subject to further action by the Board of Directors of GFI Group. |
