VANCOUVER, BC, Nov. 19, 2020 /CNW/ -- GreenPower Motor Company
Inc. (Nasdaq: GP) (TSXV: GPV) (the "Company") a leading
manufacturer and distributor of zero emissions electric powered
vehicles serving the cargo and delivery, transit and school bus
markets announces that the Company has granted an aggregate of
300,000 incentive stock options with 100,000 stock options to each
of Brendan Riley, Michael Sieffert and Fraser Atkinson. The stock options are subject
to the approval of the TSX Venture Exchange and are exercisable for
a period of five years at a price of US $20 per share. The stock options vest as to
25% four months after the grant date, 25% one year after the grant
date, 25% two years after the grant date and 25% three years after
the grant date.
About GreenPower Motor Company Inc.
GreenPower
designs, builds and distributes a full suite of high-floor and
low-floor vehicles, including transit buses, school buses,
shuttles, a cargo van and a double decker. GreenPower employs
a clean-sheet design to manufacture all-electric buses that are
purpose built to be battery powered with zero emissions.
GreenPower integrates global suppliers for key components, such as
Siemens or TM4 for the drive motors, Knorr for the brakes, ZF for
the axles and Parker for the dash and control systems. This OEM
platform allows GreenPower to meet the specifications of various
operators while providing standard parts for ease of maintenance
and accessibility for warranty requirements. For further
information go to www.greenpowerbus.com
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 release. © 2020 GreenPower Motor Company Inc. All
rights reserved.
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SOURCE GreenPower Motor Company