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Wonga builder cashed in ?17m of shares immediately after quitting as CEO

Информация \|	12.03.2016, 06:33
Wonga’s destroyed, Errol Damelin, cashed in ?17m of shares equitable weeks after he released from as chief chairman of the board of the payday lender. Damelin, a South African fitness zealot who founded Wonga in 2006, sold 4.5m shares for ?3.75 each, according to inexperienced filings at Companies House. The shares were sold on 3 December 2013, less than three weeks after he announced he would stand down as chief executive. The shares, were sold via Manor-house Go Ventures, a British Virgin Islands registered safe keeping he owns. They were bought by the http://www.onlinepaydayloans.accountant - Payday loan in canton ga Classify Narrow Employees’ Further Sureness, which the group set up to acquire stave shares in behest to trophy them as bonuses to other employees. Wonga confirmed that “an staff member parcel pay for took position in 2013”, but declined to purvey any spare details.
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