CALGARY, AB, Jan. 20, 2021 /CNW/ - The Board of
Sylogist Ltd. (TSXV: SYZ) ("Sylogist" or the
"Company"), is pleased to announce that it has granted stock
options to Theresa (Terry) LoPresti,
newly appointed Chief Technology & Innovation Officer
("CTIO").
Ms. LoPresti was granted 225,000 stock options at $11.78, the market closing price of Sylogist's
shares on January 19, 2021, pursuant
to the Company's Fixed Number Stock Option Plan, which options have
a 5 year term and vest in equal tranches on the later of (i) the
first, second and third anniversary of the date of grant and (i)
respectively, for each tranche, the market value of the Company's
common shares trading at or above $15.00, $17.00 and
$19.00 for 30 consecutive trading
days.
About Sylogist
Sylogist is a software company that, through strategic
acquisitions, investments and operations management, provides
comprehensive, mission-critical ERP and CRM solutions, including
fund accounting, case management, grant management and payroll, to
public service organizations. Sylogist's public service
customers include all levels of government, nonprofit
organizations, non-governmental organizations, educational
institutions as well as public compliance driven and funded
companies. Our Company delivers highly scalable, multi-language,
multi-currency software solutions, which serve the needs of an
international clientele.
The Company's stock is traded on the TSX Venture Exchange under
the symbol SYZ. Information about Sylogist can be found at
http://www.sylogist.com or www.sedar.com.
- Neither 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 this release -
SOURCE Sylogist Ltd.