TransGaming Inc. Stock Option Grants
April 22 2014 - 5:00PM
Marketwired
TransGaming Inc. Stock Option Grants
TORONTO, ONTARIO--(Marketwired - Apr 22, 2014) - TransGaming
Inc. (TSX-VENTURE:TNG), the global leader in developing and
delivering platform-defining social video game experiences to
consumers around the world, today announced that it granted options
to purchase 3,582,500 common shares under the Company's stock
option plan, of which 1,040,000 were granted to directors and
officers. In addition, 600,000 options were granted to persons
performing investor relations activities. The granted options have
an exercise price of $0.175, which was the closing price of the
shares on April 21, 2014, vest 1/4 each year on June 1 from
2014-2017, and expire on April 22, 2019.
The stock option
grants remain subject to acceptance for filing by the TSX Venture
Exchange under Policy 4.4 ("Incentive Stock Options") of the TSX
Venture Exchange Corporate Finance Manual.
About TransGaming
Inc.
TransGaming Inc.
(TSX-VENTURE:TNG) is the global leader in developing and delivering
platform-defining social video game experiences to consumers around
the world. From engineering essential technologies for the world's
leading companies, to engaging audiences with truly immersive
interactive experiences, TransGaming fuels disruptive innovation
across the entire spectrum of consumer technology. TransGaming's
core businesses span the digital distribution of games for Smart
TVs, next-generation set-top boxes, and the connected living room,
as well as technology licensing for cross-platform game enablement,
software 3D graphics rendering, and parallel computing. Visit us at
http://transgaming.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.
TransGaming Inc.Dennis EnsingChief Financial
Officer1.416.979.9900 x321dennis@transgaming.com