Executive directors of Ffastfill, the derivatives software company, have effectively taken an immediate pay cut of around £100,000 after linking their salaries to the company's performance.

The move was designed to boost investor confidence after the firm raised £4m through a share placing by KBC Peel, the boutique investment bank, last month. Keith Todd, Jim Oliff and Nigel Hartnell voluntarily agreed to link their salaries to share performance over the next six months.