TORONTO and NEW YORK, March 14,
2017 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT,OTCQB:ACUIF)
("AcuityAds" or "the Company"), a technology leader that provides
targeted digital media solutions enabling advertisers to connect
intelligently with audiences across mobile, video, social and
display is announcing the following:
The Company granted an aggregate amount of 435,000 stock options
to employees, consultants and an Independent Director of the
Company in accordance of the provisions of the Company's Stock
Option Plan, subject to approval of the TSX Venture Exchange. Each
option entitles the holder to purchase one common share of the
Company at an exercise price of $4.65. The stock options granted are vested
annually over 3 years.
The Company also issued an aggregate of 21,300 Deferred Share
Units ("DSUs") pursuant to the Company's Deferred Share Unit Plan
to the Independent Directors of the Company, in lieu of quarterly
cash compensation. In addition, an aggregate of 279,200 DSUs were
issued to officers and executives of the Company, in lieu of 2016
quarterly and annual cash bonus compensation and for long term
incentive compensation.
About AcuityAds
AcuityAds is a technology company that enables marketers to
connect intelligently with their most meaningful audiences through
digital media. A Self-Serve programmatic marketing platform,
powered by proprietary machine learning technology, is at the core
of its business, accompanied by a patented solution for mobile
targeting that leverages social data. AcuityAds empowers marketers
by offering transparency on costs and brand safety, and real-time
reporting and analytics, bringing accountability to programmatic
advertising to deliver business results.
AcuityAds is headquartered in Toronto, Canada with
sales offices in New York
City, Boston, Chicago, Los Angeles, San
Francisco, San Diego, Vancouver, Calgary, Montreal and London. For more
information, visit AcuityAds.com.
Neither 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.
SOURCE AcuityAds Inc.