Xebec Announces Grant of Deferred Share Units
September 21 2020 - 8:00AM
Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a
global provider of clean energy solutions is pleased to announce it
has granted deferred share units (“
DSUs”) under
the Corporation’s Stock Incentive Compensation Plan.
A total of 66,232 DSUs were granted to directors
of the board and a consultant of Xebec. The DSUs are payable in
common shares of Xebec upon the holder ceasing to be a director or
consultant of Xebec, as the case maybe. One quarter of the DSUs
vested immediately upon grant of the DSUs and the rest will vest in
stages until June 2021.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For more
information:Xebec Adsorption Inc.Brandon
Chow, Investor Relations Managerbchow@xebecinc.com+1 450.979.8700
ext 5762
About Xebec Adsorption
Inc.Xebec is a global provider of gas generation,
purification and filtration solutions for the industrial, energy
and renewables marketplace. Well-positioned in the energy
transition space with proprietary technologies that transform raw
gases into clean sources of renewable energy, Xebec’s 1500+
customers range from small to multi-national corporations,
governments and municipalities looking to reduce their carbon
footprints. Headquartered in Montréal, Quebec, Canada, Xebec has
several Sales and Support offices in North America and Europe, as
well as two manufacturing facilities in Montréal and Shanghai.
Xebec trades on the TSX Venture Exchange under the symbol XBC. For
more information, www.xebecinc.com.
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