Decisive Dividend Corporation Announces Issuance of Equity Incentive Awards
KELOWNA, BC, Feb. 22, 2024 /CNW/ - Decisive Dividend Corporation (TSXV: DE) (the "Corporation" or "Decisive") announced today that the Corporation granted restricted share units ("RSUs") and stock options ("Options") to various officers and employees. The awards granted consist of 81,713 RSUs at a fair market value of $10.12 per RSU and 5,000 Options at an exercise price of $10.36 per Option.
The RSUs and Options will vest over a 36-month period, with one-third vesting 12 months from the date of grant, one-third vesting 24 months from the date of grant and the remaining one-third vesting 36 months from the date of grant. The RSUs and Options were granted pursuant to the Corporation's second amended and restated equity incentive plan as filed on SEDAR at www.sedar.com.
Decisive Dividend Corporation is an acquisition-oriented company, focused on opportunities in manufacturing. The Corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established, high quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established, strong leadership.
For more information on Decisive, or to sign up for email notifications of Corporation press releases, please visit www.decisivedividend.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the contents of this News Release.
SOURCE Decisive Dividend Corporation
Rick Torriero, Chief Financial Officer, #260 - 1855 Kirschner Road, Kelowna, BC V1Y 4N7, Telephone: (250) 870-9146
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