Trustpilot Group PLC announced its intention to appeal a €4 million fine from the Italian Competition Authority regarding alleged unfair commercial practices, asserting its robust fraud detection measures. Separately, Glencore PLC disclosed the vesting of significant share awards to CEO Gary Nagle, a key component of his remuneration package designed to align interests with shareholders. Meanwhile, Liontrust Investment Partners LLP reduced its major holding in Nexteq PLC, falling below a significant voting rights threshold to 10.911%.
Trustpilot Group TRST announced it has been fined €4 million by the Italian Competition Authority, AGCM, following an investigation into alleged unfair commercial practices. The company, which operates an online review platform, expressed strong disagreement with the finding, asserting its comprehensive fraud detection and transparent operational standards. Trustpilot plans to robustly appeal the regulatory decision.
Mining and commodities giant Glencore GLEN reported the vesting of significant share awards to its Chief Executive Officer, Gary Nagle. These awards, part of a Deferred Bonus Award and a Restricted Share Plan, vested on 22 March 2026. This remuneration event underscores the alignment of executive incentives with company performance and shareholder value.
Investment firm Liontrust Investment Partners LLP has notified a change in its major holding in Nexteq NXQ, crossing below a significant ownership threshold. The firm now holds 10.911% of the voting rights attached to Nexteq shares, down from its previously reported 11.470%. This adjustment indicates a reduction in the institutional investor's stake.