PlasCred Circular Innovations Inc. Announces Stock Option Grant
PlasCred Circular Innovations, a leader in advanced plastic waste recycling, has announced a stock option grant of 3,650,000 options to its directors, officers, staff, and consultants. The options are priced at $0.05 per common share with a 5-year exercise period. The vesting schedule is structured with one-third vesting immediately, another third after six months, and the final third after 12 months from the grant date.
PlasCred Circular Innovations, leader nel riciclo avanzato dei rifiuti di plastica, ha annunciato un conferimento di opzioni sulle azioni di 3.650.000 opzioni per i suoi direttori, funzionari, personale e consulenti. Le opzioni sono fissate a 0,05 $ per azione comune con un periodo di esercizio di 5 anni. Il piano di maturazione prevede che un terzo maturi immediatamente, un altro terzo dopo sei mesi e il terzo finale dopo 12 mesi dalla data di concessione.
PlasCred Circular Innovations, líder en el reciclaje avanzado de residuos plásticos, ha anunciado un otorgamiento de opciones sobre acciones de 3.650.000 opciones a sus directores, funcionarios, personal y consultores. Las opciones están valoradas en $0.05 por acción común con un período de ejercicio de 5 años. El calendario de adquisición se estructura con un tercio adquiriéndose de inmediato, otro tercio después de seis meses y el último tercio después de 12 meses a partir de la fecha de concesión.
플라스크레드 서클라 인노베이션스(PlasCred Circular Innovations)는 고급 플라스틱 폐기물 재활용 분야의 선두주자로서 이사, 임원, 직원 및 컨설턴트에게 주식 옵션 부여를 3,650,000개 발표했습니다. 옵션 가격은 주당 0.05달러로 5년의 행사가격 기간이 설정되어 있습니다. 베스팅 일정은 1/3이 즉시 부여되고, 나머지 1/3은 6개월 후, 마지막 1/3은 부여일로부터 12개월 후에 부여되는 구조입니다.
PlasCred Circular Innovations, un leader dans le recyclage avancé des déchets plastiques, a annoncé un octroi d'options d'achat d'actions de 3 650 000 options à ses directeurs, dirigeants, employés et consultants. Les options sont évaluées à 0,05 $ par action ordinaire avec une période d'exercice de 5 ans. Le calendrier d'acquisition est structuré de manière à ce qu'un tiers soit acquis immédiatement, un autre tiers après six mois et le dernier tiers après 12 mois à partir de la date d'octroi.
PlasCred Circular Innovations, ein führendes Unternehmen im Bereich des fortschrittlichen Recyclings von Plastikabfällen, hat eine Aktienoptionsgewährung von 3.650.000 Optionen an seine Direktoren, Führungskräfte, Mitarbeiter und Berater bekanntgegeben. Die Optionen haben einen Preis von 0,05 $ pro Stammaktie mit einer Ausübungsfrist von 5 Jahren. Der Vesting-Zeitplan sieht vor, dass ein Drittel sofort fällig wird, ein weiteres Drittel nach sechs Monaten und das letzte Drittel nach 12 Monaten ab dem Gewährungsdatum.
- Stock options align management and employee interests with shareholders
- Structured vesting schedule over 12 months promotes long-term retention
- Option grant represents potential future dilution for existing shareholders
- Low strike price of $0.05 indicates current market challenges
Calgary, Alberta--(Newsfile Corp. - December 18, 2024) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) (the "Company" or "PlasCred"), a transformative leader in the advanced plastic waste recycling sector, is pleased to announce a grant of stock options.
The Company has granted an aggregate of 3,650,000 stock options to its directors, officers, staff and consultants at a price of
About PlasCred Circular Innovations Inc.
PlasCred is at the forefront of rebalancing the future of plastics. The company is transforming plastic waste by granting it a valuable second life. With a vision of advancing towards a climate-positive future, PlasCred aspires to be among the largest advanced plastic waste recyclers in North America and globally. Their groundbreaking patent-pending technology is set to revolutionize the approach to plastic waste management and advanced recycling.
PlasCred is also developing strategic partnerships with CN Rail, Palantir Technologies Inc., and Fibreco Export Inc. These collaborations not only provide PlasCred with unparalleled operational intelligence and logistics support across North America and globally for the transportation and handling of plastic waste.
For further information on PlasCred, visit our website at www.PlasCred.com.
ON BEHALF OF THE BOARD
Troy Lupul - President & CEO
Contact Information
For more information please contact:
PlasCred Circular Innovations Inc.
Troy Lupul
+1 587-430-3004 – Email: IR@plascred.com
Forward-Looking Statements
This press release includes forward-looking statements under applicable securities laws. Such statements relate to future activities, results, or developments anticipated by PlasCred Circular Innovations Inc. and are based on reasonable assumptions but involve risks and uncertainties. Forward-looking statements can often be identified by terms such as "expects," "intends," "plans," or similar expressions. Actual results may differ materially due to economic conditions, regulatory changes, and other risks described in the Company's public filings available on SEDAR at www.sedarplus.ca. Readers are cautioned not to place undue reliance on these statements. PlasCred disclaims any obligation to update forward-looking statements except as required by law.
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234325
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