BGC Partners Initiates Dividend Reinvestment and Stock Purchase Plan
By Bgc Partners Inc., PRNESunday, July 17, 2011
NEW YORK, July 18, 2011 -
BGC Partners, Inc. (NASDAQ: BGCP)(”BGC” or “the Company”), a
leading global brokerage company servicing the wholesale financial
markets, today announced the initiation of a Dividend Reinvestment
and Stock Purchase Plan (”the Plan.”)
The Company believes that the Plan provides existing and
potential investors a convenient and cost-effective method to
purchase shares of BGC’s Class A common stock. Those
purchasing under the Plan may be eligible to do so free of fees or
commissions and may also receive a discount of up to three percent
from the relevant market price of the stock, depending on the
circumstances.
Under the Plan, current BGC stockholders can purchase shares by
reinvesting the cash dividends paid on all or a portion of their
shares of common stock in additional shares of BGC’s Class A common
stock. Current BGC stockholders may also purchase additional shares
of BGC’s Class A common stock through optional cash purchases of
not less than $100 per month and not more than $10,000 per month
(except in cases covered by approved requests for waiver, which are
discussed under “Description of the Plan” in the Plan Prospectus
accessible through the webpage link below.). Persons who are not
currently BGC stockholders may make initial cash purchases of not
less than $500 and not more than $10,000 (except in cases covered
by approved requests for waiver) to purchase shares of BGC’s Class
A common stock under the Plan.
American Stock Transfer & Trust Company, LLC (”AST”)
administers the Plan.
For more information, including the Plan Prospectus and
Enrollment Form, and/or to enroll, please click on the link below.
There, you will find another link labeled “Plan Materials.”
www.amstock.com/investpower/new_plandet.asp?CoNumber=10635&PlanType=DPSS
If you have any questions regarding the above webpage link or
are experiencing difficulty in navigating the above webpage link,
please contact AST using the following information:
BGC Partners, Inc. Dividend Reinvestment and Stock Purchase
Plan
c/o American Stock Transfer & Trust Company, LLC
ATTN: Shareholder Relations Department
6201 15th Avenue
Brooklyn, New York 11219
Toll-free telephone (1): (877) 854-0857
E-mail:
Website:
About BGC Partners, Inc.
BGC Partners, Inc., is a leading global brokerage company
primarily servicing the wholesale financial markets, specializing
in the brokering of a broad range of financial products, including
fixed income securities, interest rate swaps, foreign exchange,
equities, equity derivatives, credit derivatives, commodities,
futures, structured products and other instruments. BGC also
provides a full range of services, including trade execution,
broker-dealer services, clearing, processing, information, and
other back office services to a broad range of financial and
non-financial institutions. BGC’s integrated platform is
designed to provide flexibility to customers with regard to price
discovery, execution and processing of transactions, and enables
them to use voice, hybrid, or where available, fully electronic
brokerage services in connection with transactions executed either
OTC or through an exchange. Through its eSpeed, BGC Trader, and BGC
Market Data brands, the Company offers financial technology
solutions, market data, and analytics related to select financial
instruments and markets. BGC’s customers include many of the
world’s largest banks, broker-dealers, investment banks, trading
firms, hedge funds, governments and investment firms. Named after
fixed income trading innovator B. Gerald Cantor, BGC has offices in
24 cities, located in New York and London, as well as in Aspen,
Beijing, Chicago, Copenhagen, Dubai, Garden City, Hong Kong,
Istanbul, Johannesburg, Mexico City, Moscow, Nyon, Paris, Rio de
Janeiro, São Paulo, Sarasota, Seoul, Singapore, Sydney, Tokyo,
Toronto, and West Palm Beach.
Discussion of Forward-Looking
Statements by BGC Partners, Inc.
Statements in this press release regarding BGC’s business that
are not historical facts are “forward-looking statements” that
involve risks and uncertainties. For a discussion of additional
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see BGC’s
Securities and Exchange Commission filings, including, but not
limited to, the risk factors set forth in our public filings which
we incorporate by reference, including our most recent Form 10-K
and any updates to such risk factors contained in subsequent Form
10-Q or Form 8-K filings.
(1) Please note that AST’s Shareholder Services Representatives
are available Monday through Friday, 8am to 8pm ET. Additionally,
AST follows the New York Stock Exchange Holiday schedule, which is
available at
Jason McGruder, +1-212-829-4988, jmcgruder at bgcpartners.com
Tags: Bgc Partners Inc., July 18, New York
