TORONTO and NEW YORK, Aug. 20,
2018 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT) ("AcuityAds"
or the "Company"), a technology leader that provides targeted
digital media solutions by leveraging its proprietary AI technology
to enable advertisers to connect intelligently with audiences
across video, mobile, social and online display advertising
campaigns announced the following:
The Company issued an aggregate of 665,198 Deferred Share Units
("DSUs") pursuant to the Company's Deferred Share Unit Plan to
senior employees of the Company and consultants, which includes
300,000 DSUs to the senior management of Adman Media as per
the recently announced acquisition, vesting over a three-year
period. An additional 54,692 DSUs were issued to the independent
directors of the Company, in lieu of quarterly cash compensation.
No DSUs were issued to the executives of the Company.
The Company has also granted an aggregate of 117,500 stock
options to certain employees and a consultant of the Company in
accordance of the provisions of the Company's Stock Option Plan,
subject to the approval of the TSXV. Each option entitles the
holder to purchase one common share of the Company at an exercise
price of $0.96 for a period of five
years. The options granted to the employees will vest annually over
three years, and options granted to a consultant of the Company
will vest over the next 12 months.
About AcuityAds:
AcuityAds is a leading technology company that provides
marketers a more powerful and holistic solution for digital
advertising across all ad formats and devices to amplify reach and
Share Of Attention® throughout the customer journey. Via its unique
data-driven insights, real-time analytics and industry-leading
activation platform based on proprietary machine learning
technology, AcuityAds leverages an integrated ecosystem of partners
for data, inventory, brand safety and fraud prevention, offering
unparalleled trusted solutions that the most demanding marketers
require to be successful in the digital era.
AcuityAds is headquartered in Toronto,
Canada with offices across North
America including New York
City, Boston, Chicago, Las
Vegas, Los Angeles,
San Francisco, Vancouver, Calgary and Montreal. For more information, visit
www.AcuityAds.com.
Disclaimer in regards to Forward-looking
Statements
Certain statements included herein constitute "forward-looking
statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management at this time, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
Investors are cautioned not to put undue reliance on
forward-looking statements. Except as required by law, AcuityAds
does not intend, and undertakes no obligation, to update any
forward-looking statements to reflect, in particular, new
information or future events. 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.
