People Corporation Announces Stock Option Grants
24 Febbraio 2014 - 2:30PM
Marketwired
People Corporation Announces Stock Option Grants
TORONTO, ONTARIO--(Marketwired - Feb 24, 2014) - People
Corporation (TSX-VENTURE:PEO)
The Board of Directors of People Corporation (the "Company") has
granted options to certain independent directors and employees of
the Company to acquire a total of 75,000 shares of the Company. The
options were granted in accordance with the Company's Amended and
Restated Stock Option Plan (the "Plan") whose objective is to
reward senior officers, directors, and employees based on
individual and corporate performance, to align their interests with
that of the Company and to provide long-term incentives. These
options will have an exercise price of $1.75 per share, have a term
of five years, will vest over a period of three years and are
otherwise subject to the terms of the Plan.
About People
Corporation
People Corporation is a national provider of group benefits,
group retirement and human resource services. We have offices
across Canada, each led by a team of experts and backed by the
resources of a national company that is traded on the TSX-V. Our
industry experts provide uniquely valuable insight while
customizing our innovative suite of services to the specific needs
of our clients. Whatever your sector, whatever your scale, putting
our expertise and proven track record to work will make a
difference to your people and your bottom line.
Further information is available at
www.peoplecorporation.com
Forward-Looking
Information
This news release contains "forward-looking information" within
the meaning of applicable securities laws, such as information
concerning anticipated future events, results, circumstances,
performance or expectations that are not historical facts. Use of
words such as "may", "will", "expect", "believe", or other words of
similar effect may indicate forward-looking information including
the completion of the transaction, the impact of that transaction
on our earnings and cash flow, and the anticipated benefits of the
transaction. This information is not a guarantee of future
performance and is subject to numerous risks and uncertainties,
including those described in our publicly filed documents (which
are available on SEDAR at www.sedar.com). Those risks and
uncertainties include: our ability to maintain profitability and
manage growth; strong competition from other advisors and changes
in the current legislation could result in significant competition
from the banking industry; failure of information systems and
technology; dependence on key clients; seasonality of revenues and
the resulting possible impairment on working capital; reliance on
key professionals; additional financing may be required and may not
be available under terms favourable to us; there can be no
assurance that any suitable future acquisition will be available to
us or that, if available, the terms of the acquisition will be
favourable to us; and a change in general economic conditions. Many
of these risks and uncertainties can affect our actual results and
could cause our actual results to differ materially from those
expressed or implied in any forward-looking information made by us
or on our behalf. Given these risks and uncertainties, investors
should not place undue reliance on forward looking information as a
prediction of actual results. All forward-looking information in
this news release is qualified by these cautionary statements. This
information is made as of the date of this news release and, except
as required by applicable law, we undertake no obligation to
publicly update or revise any forward looking information, whether
as a result of new information, future events or otherwise.
Additionally, we undertake no obligation to comment on analyses,
expectations or statements made by third parties in respect of the
Company, its financial or operating results or its securities.
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 press release.
People CorporationBrevan CanningInvestor Relations
Inquiries(204)
295-8860brevan.canning@peoplecorporation.comwww.peoplecorporation.com
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