Dépêches
AeroMechanical Services Announces Issuance of Stock Options
Dépèche transmise le 3 juin 2011 par Business Wire
AeroMechanical Services Announces Issuance of Stock Options
CALGARY, Alberta--(BUSINESS WIRE)--AeroMechanical Services Ltd. (TSX-V: AMA) (the “Company” or “AMA”) today announced it has granted incentive stock options for 2,099,000 common shares, subject to regulatory approval, to employees, officers and directors under the stock option plan approved at the Annual and Special Meeting yesterday.
“We have set the exercise price of the options above the current trading price of our shares. For that reason we believe that the plan serves to fully align employees, officers, board members and investors in the pursuit of shareholder value.”
“We have approved the stock option plan as a tangible performance incentive to people at several levels of the Company,” said Bill Tempany, Chairman and CEO of AMA. “We have set the exercise price of the options above the current trading price of our shares. For that reason we believe that the plan serves to fully align employees, officers, board members and investors in the pursuit of shareholder value.”
The options provide for an exercise price of $0.25 per share, which is approximately 40% above the current trading price on the TSX Venture Exchange. They also feature immediate vesting and an expiration date of December 31, 2014. A maximum of 10% of the issued and outstanding shares are reserved under the Company’s stock option plan. The options are subject to a four-month hold period expiring September 3, 2011.
About AeroMechanical Services
AeroMechanical Services Ltd., under the brand name FLYHTTM, provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real-time. If an aircraft encounters an emergency, AMA’s emergency data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The company has been publicly traded on the TSX Venture Exchange since 2003 under the trading symbol AMA.
AFIRS, UpTime, FLYHT, FLYHTStream and aeroQ are trademarks of AeroMechanical Services Ltd.
Join us on social media!
www.facebook.com/flyht
www.twitter.com/flyhtcorp
www.slideshare.net/flyhtcorp
www.youtube.com/flyhtcorp
Neither the TSX Venture Exchange nor its Regulation Service 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.
- 15:48 Friedrichshafen 2024 : JMB Aircraft présente son Phoenix
- 19/04 Friedrichshafen 2024 : le projet "Fly To The North"
- 19/04 Friedrichshafen 2024 : Aura Aero présente pour la première fois ses trois appareils
- 19/04 Friedrichshafen 2024 : Duc Hélices présente son hélice Tiger-3
- 19/04 Friedrichshafen 2024 : Splash-in Aviation expose son Pétrel X
- 19/04 Friedrichshafen 2024 : Robin "toujours présent et pour longtemps"
- 19/04 Friedrichshafen 2024 : Beringer présente au salon
- 19/04Friedrichshafen 2024 : la FFPLUM dément le passage de tous les ULM 3 axes à 600kg
- 19/04 Friedrichshafen 2024 : visite d'un Pilatus PC-12 (photos)
- 17/04 Friedrichshafen 2024 : Cirrus Aircraft présente son SR G7
- 17/04 Friedrichshafen 2024 : Piper présente son M700 Fury
- 17/04 Friedrichshafen 2024 : Junkers dévoile son A50 Heritage
- 17/04 Friedrichshafen 2024 : la société E-Props présente au salon
- 17/04 Le 30e salon de Friedrichshafen a ouvert ses portes
- 15/04 Airbus : commandes et livraisons de mars 2024
- 15/04 easyJet renforce ses dessertes depuis la France vers Budapest
- 15/04 Vueling inaugure sa liaison entre Orly et Heathrow
- 12/04 British Airways ouvre les candidatures pour son programme cadets Speedbird Pilot Academy
- 12/04 Icelandair et Expedia annoncent un nouveau partenariat
- 12/04 Turkish Airlines : résultats 2023