Consolidated HCI Announces Stock Option Grants
October 22 2020 - 5:56PM
PR Newswire (Canada)
VAUGHAN, ON, Oct. 22, 2020 /CNW/ - Consolidated HCI Holdings
Corporation (the "Company" or "Consolidated
HCI") (NEX: CXA.H) announces that it has granted
stock options for a total of 2,057,586 class B shares of the
Company to certain directors and officers of the Company. These
stock options are exercisable at $0.13 per stock option and will expire on
October 22, 2025. These stock options
vest and become exercisable immediately upon the grant date.
Following the grant of stock options, the Company has a total of
2,057,586 stock options outstanding, representing 9.99% of the
outstanding class B shares of the Company. The stock option grant
is subject to NEX approval.
About Consolidated HCI
Consolidated HCI is an Ontario-based company that trades on the NEX
board under the symbol "CXA.H".
SOURCE Consolidated HCI Holdings Corporation
Copyright 2020 Canada NewsWire
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