EMERGE Commerce Announces Results of Voting at Annual General Meeting of Shareholders, and Issuance of Restricted Share Units
In particular, shareholders approved the election of all director nominees, the appointment of
All four of the individuals nominated for the board, all of whom previously served as directors of the Company, were elected as directors:
-
Drew Green -
Ghassan Halazon -
John Kim -
Ian McKinnon
Following the meeting, the Company re-appointed Drew Green as Chairman of the Board, John Kim as Audit Committee Chair and
The Board wishes to thank Mr.
Issuance of Restricted Share Unit Grants
The Company announces the granting of restricted share units (the "RSUs"), pursuant to the Company's omnibus equity incentive plan.
The grants were made as part of the Company's annual compensation process and are intended to reward and incentivize performance and contributions to EMERGE's future success.
A total of 5,232,692 RSUs were granted to certain directors, officers, employees, and consultants of the Company. The RSUs have a one-year vesting schedule and were issued with an effective price of
The directors of the Company continue to suspend their cash retainer and accept compensation in the form of RSUs.
About EMERGE
EMERGE (TSXV: ECOM) is a premium e-commerce brand portfolio in Canada and the
To learn more visit https://www.emerge-commerce.com/
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Cautionary notice
Neither
On Behalf of the Board
Director, President and CEO
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