Business
Diamond Estates Issues Stock Options to Key Personnel
Diamond Estates Issues Stock Options to Key Personnel Canada NewsWire NIAGARA-ON...
About this update from Diamond Estates Wines & Spirits, Inc.
[{"type":"text","content":"\n\n\n\nDiamond Estates Issues Stock Options to Key Personnel\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nNIAGARA-ON-THE-LAKE, ON, Jan. 19, 2018\n\n\n\nNIAGARA-ON-THE-LAKE, ON, Jan. 19, 2018 /CNW/ - Diamond Estates Wines & Spirits Inc. (the \"Company\" or \"Diamond Estates\") (http://www.diamondestates.ca) (TSXV: DWS), today announced that the Company has issued stock options to two key management personnel. \n\nThe Company considers stock options to be a key incentive to align its management team with the objective of building shareholder value over the long term. Consistent with this philosophy, the following employees have been granted options:\n\n\n\n\nEmployee\n\n\nPosition\n\n\nGrant Date\n\n\nOptions\n\n\nStrike Price\n\n\n\nChristopher Terrio\n\n\nPresident, Kirkwood Diamond Canada\n\n\nJanuary 18, 2018\n\n\n500,000\n\n\n$0.29\n\n\n\nNicole Greene\n\n\nVice-President, People and Culture\n\n\nJanuary 18, 2018\n\n\n250,000\n\n\n$0.29\n\n \n\nEach option is exercisable for the purchase of one common share for up to five years from the date of issuance at which time they expire. The options, which are being issued under the Company's existing option programme, vest at the rate of 25% on each anniversary of the issuance date.\n\n\"These stock options grants reflect the key roles being performed by Chris and Nicole in the successful execution of Diamond Estates' strategic plan,\" said Murray Souter, President & CEO of Diamond Estates. \"Our greatest asset is our people, and the Board of Directors of the Company is committed to ensuring that management's success is aligned with that of shareholders.\" \n\nAbout Diamond Estates Wines and Spirits Inc.\n\nDiamond Estates Wines and...