NEW BRUNSWICK, New Jersey and
TORONTO, June 22, 2021 /CNW/ -- Engagement Labs Inc.
(TSXV: EL) (the "Company") announced, at the request of and in
accordance with the requirements of the TSX Venture Exchange, that
the shareholders of the Company approved, at its Annual General and
Special Meeting of Shareholders ("AGM") held December 29, 2020, an increase in the total
common shares reserved for issuance under the Restricted Share Unit
Plan and under the Restricted Share Award Plans combined (together,
the "Plans"), from 21,726,143 common shares to 23,409,324 common
shares; and at its immediately preceding AGM held February 13, 2019, an increase in the total
common shares reserved for issuance under the Plans from 14,242,440
common shares to 21,726,143 common shares. The increased number of
common shares approved by the shareholders and reserved for
issuance at each of the two aforementioned AGMs equals 10% of the
issued and outstanding common shares as of the Record Date for each
of the two shareholders meetings held. The aggregate number of
common shares issuable under the Plans together cannot exceed
23,409,324 common shares. In accordance with the policies of the
TSX Venture Exchange, the number of common shares reserved for
issuance under the Plans together in combination with the aggregate
number of common shares issuable under the Stock Option Plan shall
not exceed 20% of the issued and outstanding common shares.
About Engagement Labs
Engagement Labs (TSXV: EL) is an
industry-leading data and analytics firm that provides social
intelligence for Fortune 500 brands and companies.
To learn more visit www.engagementlabs.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
For media inquiries please contact:
Vanessa Lontoc / Ed
Keller, CEO
Engagement Labs
vanessa.lontoc@engagementlabs.com /
ed.keller@engagementlabs.com
SOURCE Engagement Labs