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ZoomAway grants options to buy 2.87mln shares

Wednesday, November 16, 2016 14:12
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(Before It's News)

ZoomAway Travel Inc. (TSX-V:ZMA) has granted incentive stock options to certain directors, officers and employees to purchase up to 2,874,000 common shares under the company’s incentive stock option plan, the company said on Wednesday.

Director and officer options will be granted for a period of five years, fully vested, and the remaining options will have vesting provisions over three years commencing on Nov. 15, exercisable at a price of 20 cents per share.

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