Torrent Capital Grants Options & Restricted Share Units
Torrent Capital (TSXV: TORR) has announced the granting of 455,000 incentive stock options under its Stock Option Plan, with 295,000 allocated to Directors and Officers and 160,000 to consultants. The options are exercisable at $0.75 per share, vesting 50% at six months and 50% at twelve months, with a five-year expiration period.
Additionally, the company has issued 90,000 restricted share units (RSUs), with 70,000 going to a Director and Officer and 20,000 to a consultant. These RSUs will vest after one year. Torrent Capital operates as a publicly traded Investment Issuer managing a portfolio of public equities, cryptocurrencies, and private investments, focusing on companies with potential for accelerated growth or trading below intrinsic value.
Torrent Capital (TSXV: TORR) ha annunciato l'assegnazione di 455.000 opzioni su azioni incentivanti nell'ambito del suo Piano di Opzioni su Azioni, con 295.000 destinate a Direttori e Dirigenti e 160.000 a consulenti. Le opzioni sono esercitabili a $0,75 per azione, con un vesting del 50% dopo sei mesi e del 50% dopo dodici mesi, e un periodo di scadenza di cinque anni.
Inoltre, la società ha emesso 90.000 unità di azioni riservate (RSUs), di cui 70.000 destinate a un Direttore e Dirigente e 20.000 a un consulente. Queste RSUs matureranno dopo un anno. Torrent Capital opera come un Emittente di Investimenti quotato in borsa, gestendo un portafoglio di azioni pubbliche, criptovalute e investimenti privati, concentrandosi su aziende con potenziale di crescita accelerata o che trattano al di sotto del valore intrinseco.
Torrent Capital (TSXV: TORR) ha anunciado la concesión de 455,000 opciones de acciones de incentivo bajo su Plan de Opciones sobre Acciones, con 295,000 asignadas a Directores y Oficiales y 160,000 a consultores. Las opciones son ejercitables a $0.75 por acción, con un vesting del 50% a los seis meses y del 50% a los doce meses, con un período de expiración de cinco años.
Además, la compañía ha emitido 90,000 unidades de acciones restringidas (RSUs), de las cuales 70,000 van a un Director y Oficial y 20,000 a un consultor. Estas RSUs se consolidarán después de un año. Torrent Capital opera como un Emisor de Inversiones que cotiza en bolsa, gestionando un portafolio de acciones públicas, criptomonedas e inversiones privadas, enfocándose en empresas con potencial de crecimiento acelerado o que se negocian por debajo de su valor intrínseco.
토렌트 캐피탈 (TSXV: TORR)는 455,000개의 인센티브 스톡 옵션을 자사의 스톡 옵션 플랜에 따라 부여했다고 발표했습니다. 이 중 295,000개는 이사와 임원에게, 160,000개는 컨설턴트에게 배정되었습니다. 옵션은 주당 $0.75에 행사할 수 있으며, 6개월 후 50%, 12개월 후 50%가 베스팅되며, 만료 기간은 5년입니다.
또한, 회사는 90,000개의 제한 주식 단위(RSUs)를 발행했으며, 이 중 70,000개는 이사와 임원에게, 20,000개는 컨설턴트에게 배정되었습니다. 이 RSUs는 1년 후에 베스팅됩니다. 토렌트 캐피탈은 공공 주식, 암호화폐 및 개인 투자를 관리하는 상장 투자 발행자로서, 가속 성장 가능성이 있는 기업이나 본질 가치 이하에서 거래되는 기업에 집중하고 있습니다.
Torrent Capital (TSXV: TORR) a annoncé l'octroi de 455 000 options d'achat d'actions incitatives dans le cadre de son Plan d'Options d'Achat d'Actions, avec 295 000 attribuées à des Directeurs et Cadres et 160 000 à des consultants. Les options sont exerçables à 0,75 $ par action, avec un vesting de 50 % après six mois et de 50 % après douze mois, et une période d'expiration de cinq ans.
De plus, la société a émis 90 000 unités d'actions restreintes (RSUs), dont 70 000 vont à un Directeur et Cadre et 20 000 à un consultant. Ces RSUs seront acquises après un an. Torrent Capital opère en tant qu'Émetteur d'Investissements coté en bourse, gérant un portefeuille d'actions publiques, de cryptomonnaies et d'investissements privés, en se concentrant sur des entreprises ayant un potentiel de croissance accélérée ou se négociant en dessous de leur valeur intrinsèque.
Torrent Capital (TSXV: TORR) hat die Gewährung von 455.000 Anreiz-Aktienoptionen im Rahmen seines Aktienoptionsplans angekündigt, wobei 295.000 an Direktoren und Führungskräfte und 160.000 an Berater vergeben werden. Die Optionen können zu $0,75 pro Aktie ausgeübt werden, wobei 50% nach sechs Monaten und 50% nach zwölf Monaten fällig werden, mit einer Laufzeit von fünf Jahren.
Darüber hinaus hat das Unternehmen 90.000 beschränkte Aktieneinheiten (RSUs) ausgegeben, wobei 70.000 an einen Direktor und eine Führungskraft und 20.000 an einen Berater gehen. Diese RSUs werden nach einem Jahr fällig. Torrent Capital agiert als öffentlich gehandelte Investmentgesellschaft, die ein Portfolio aus öffentlichen Aktien, Kryptowährungen und privaten Investitionen verwaltet und sich auf Unternehmen mit Potenzial für beschleunigtes Wachstum oder die unter ihrem inneren Wert gehandelt werden, konzentriert.
- Stock options and RSUs align management interests with shareholders
- One-year vesting period for RSUs promotes retention of key personnel
- Potential dilution from 455,000 new stock options at $0.75 per share
- Additional dilution from 90,000 RSUs upon vesting
Halifax, Nova Scotia--(Newsfile Corp. - February 21, 2025) - Torrent Capital Ltd. (TSXV: TORR) (the "Company") is pleased to announce that it has granted 455,000 incentive stock options under the Company's Stock Option Plan ("Option Plan"), of which 295,000 have been granted to Directors and Officers and 160,000 options to consultants.
Each option is exercisable into one common share at a price of
The Company has also issued 90,000 restricted share units ("RSU"), of which 70,000 have been issued to a Director and Officer and 20,000 RSUs to a consultant under the Company's Restricted Share Unit Plan ("RSU Plan"). Each RSU will vest after one year. All other terms and conditions of the RSUs are in accordance with the terms of the Company's RSU Plan.
About Torrent Capital
Torrent is a publicly traded Investment Issuer that actively manages a portfolio of public equities, cryptocurrencies and, private investments. The Company invests in companies that are due to experience accelerated growth or are trading at a discount to their intrinsic value. Torrent offers investors the potential to earn above market returns while providing transparency, daily liquidity and a modest fee profile compared to competing investment products.
For further information, please contact:
Contact:
Torrent Capital Ltd.
Rob Randall
Chief Financial Officer
(902) 442-7187
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Torrent disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The reader is referred the Company's annual financial reporting for a discussion of risks and uncertainties.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241769
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