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AcuityAds Announces Grant of Deferred Share Units and Options

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AcuityAds Announces Grant of Deferred Share Units and Options

Canada NewsWire

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.

View original content: http://www.newswire.ca/en/releases/archive/August2018/20/c3356.html

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