Tribe Property Technologies Announces Results of 2024 Annual Meeting of Shareholders and Appointment of Additional Director
At the Meeting, Shareholders re-elected
At the Meeting, Shareholders approved the appointment of
At the Meeting, Shareholders approved the Company's Amended Stock Option Plan. The Company's existing stock option plan (the "Stock Option Plan") was last approved by shareholders on
As the Amended Stock Option Plan is a "fixed" plan. The number of Options that may be granted under the Amended Stock Option Plan does not increase if the total number of issued and outstanding Shares of the Company increases and Shares of the Company covered by Options which have been exercised or settled, as applicable, are not available for subsequent grant under the Amended Stock Option Plan. Options which are settled in cash, expire or are forfeited, surrendered, cancelled or otherwise terminated or lapse for any reason without having been exercised or settled in Shares, however, will be available for subsequent grant under the Amended Stock Option Plan. Shares will not be deemed to have been issued pursuant to the Amended Stock Option Plan with respect to any portion of an Option that is settled in cash.
A copy of the Amended Stock Option Plan was scheduled to the management information circular of the Company dated
Tribe is a property technology company that is disrupting the traditional property management industry. As a rapidly growing tech-forward property management company, Tribe's integrated service-technology delivery model serves the needs of a much wider variety of stakeholders than traditional service providers. Tribe seeks to acquire highly accretive targets in the fragmented North American property management industry and transform these businesses through streamlining and digitization of operations. Tribe's platform decreases customer acquisition costs, increases retention, and allows for the addition of value-added products and services through the platform. Visit tribetech.com for more information.
ON BEHALF OF THE BOARD
"Joseph Nakhla"
Chief Executive Officer
"Joseph Nakhla"
Chief Executive Officer
Phone: (604) 343-2601
Email: joseph.nakhla@tribetech.com
Neither the
This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws regarding the Company and its business. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Forward-looking statements or information in this news release may relate to statements with respect to the aims and goals of the Company; financial projections; growth plans including future prospective consolidation in the property management sector; future acquisitions by the Company; beliefs of the Company with respect to the independent owner-investors market; prospective benefits of the Company's platform; and other factors or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon several assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, and social risks, contingencies, and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward- looking statements. The Company does not intend, and do not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.
SOURCE