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AcuityAds Announces Grant of Deferred Share Units and Options
AcuityAds Announces Grant of Deferred Share Units and Options Canada NewsWire TO...
About this update from Illumin Holdings Inc.
[{"type":"text","content":"\n\n\n\nAcuityAds Announces Grant of Deferred Share Units and Options\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO and NEW YORK, Aug. 20, 2018\n\n\n\nTORONTO and NEW YORK, Aug. 20, 2018 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT) (\"AcuityAds\" or the \"Company\"), a technology leader that provides targeted digital media solutions by leveraging its proprietary AI technology to enable advertisers to connect intelligently with audiences across video, mobile, social and online display advertising campaigns announced the following: \n\nThe Company issued an aggregate of 665,198 Deferred Share Units (\"DSUs\") pursuant to the Company's Deferred Share Unit Plan to senior employees of the Company and consultants, which includes 300,000 DSUs to the  senior management of Adman Media as per the recently announced acquisition, vesting over a three-year period. An additional 54,692 DSUs were issued to the independent directors of the Company, in lieu of quarterly cash compensation. No DSUs were issued to the executives of the Company.\n\nThe Company has also granted an aggregate of 117,500 stock options to certain employees and a consultant of the Company in accordance of the provisions of the Company's Stock Option Plan, subject to the approval of the TSXV. Each option entitles the holder to purchase one common share of the Company at an exercise price of $0.96 for a period of five years. The options granted to the employees will vest annually over three years, and options granted to a consultant of the Company will vest over the next 12 months.\n\nAbout AcuityAds: \n\nAcuityAds is a leading technology company that provides marketers a more powerful and holistic solution for digital advertising across all ad formats and devices to amplify reach and Share Of Attention® throughout the customer journey. Via its unique data-driven insights, real-time analytics and industry-leading activation platform based on proprietary machine learning technology, AcuityAds leverages an integrated ecosystem of partners for data, i...