Business
Martello Grants Stock Options to Directors and Officers
Martello Grants Stock Options to Directors and Officers Canada NewsWire OTTAWA, ...
About this update from Martello Technologies Group, Inc.
[{"type":"text","content":"\n\n\n\nMartello Grants Stock Options to Directors and Officers\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\n\n\n\n\n\n\nCanada NewsWire\nOTTAWA, ON, Aug. 31, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./\n OTTAWA, ON, Aug. 31, 2020 /CNW/ - Martello Technologies Group Inc., (\"Martello\" or the \"Company\") (TSXV: MTLO), a developer of enterprise digital experience monitoring (\"DEM\") solutions that improve the user experience for cloud applications and services such as video conferencing and telephony for more than 5,000 customers around the world announced today that it has it has granted an aggregate of 2,004,667 stock options to directors and officers of the Company. The stock option grants are governed by the terms of the Company's incentive stock option plan approved by Martello shareholders at the Company's Annual and Special Meeting on September 20, 2019 (the \"Stock Option Plan\"). Martello grants stock options as part of its strategy to incent and retain a strong team that will drive growth. \n\n \n \n \n \n \n \n\n \nEach Option is exercisable into one common share in the capital of the Company (each, a \"Share\") at a price of $0.205 per Share, for a period of five years from the date of grant. The Options will vest in equal annual instalments over 36 months. \nAbout Martello Technologies GroupMartello Technologies Group Inc. (TSXV: MTLO) is a technology company that provides digital experience monitoring (DEM) solutions. The company's products provide monitoring and analytics on the performance and user experience of critical cloud business applications, while giving IT teams and service providers control and visibility of their entire IT infrastructure. Martello's software products include unified communications performance analytics, Microsoft 365 end user experience monitoring and IT service monitoring and analytics. Martello Technologies Group is a public company headquartered in Ottawa, Canada...