Fintech Select Ltd. Announces Issuance of Restricted Stock Units to Management, Directors, and Employees
The RSU grants are part of the Company's strategy to attract, retain, and reward high-performing individuals while aligning their interests with those of shareholders. The RSUs will vest over a one-year period, contingent on continued service and in accordance with the terms of the Company's equity incentive plan.
In total, three million and two hundred thousand (3,200,000) RSUs have been granted and allocated to executive management, non-executive directors, and employees. Final issuance is subject to the receipt of all necessary regulatory approvals, including that of the TSX.
The RSUs were granted under the Company's Equity Incentive Plan, which was previously approved by shareholders.
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Forward Looking Information:
This news release contains "forward-looking information" within the meaning of applicable securities laws. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments, such as the Company's ability to align its interests with that of its key directors, officers and management, may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release. Fintech undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of its securities, financial or operating results (as applicable) or prospects as to the effective implementation of strategies or initiatives or future revenue levels. Fintech disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
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