TORONTO, May 29, 2019 /CNW/ - AcuityAds Holdings Inc.
("AcuityAds" or the "Company") (TSXV:AT), a technology leader that
provides targeted digital media solutions enabling advertisers to
connect intelligently with audiences across digital advertising
campaigns, is pleased to announce that, at its annual and special
meeting of shareholders (the "Meeting") held yesterday, all
director nominees were elected as directors of the Company to hold
office until the close of the next annual meeting of shareholders
or until such person's successor is elected or appointed.
In addition, all other items of business at the Meeting, being
the re-appointment of PricewaterhouseCoopers LLP, Chartered
Professional Accountants, as auditor, the re-approval of the stock
option plan of the Company (the "Stock Option Plan"), and the
approval of amendments to the amended and restated deferred share
unit plan (the "DSU Plan") of the Company were also approved. The
DSU Plan was approved by a majority of shareholders of the
Company represented in person or by proxy at the Meeting, excluding
votes required to be excluded for the purposes of obtaining
disinterested shareholder approval.
The Company has also approved the grant, effective tomorrow, of
an aggregate of 30,000 fully-vested stock options to Corey Ferengul, its recently appointed new
director, in accordance with the provisions of the Company's Stock
Option Plan. Each option will entitle Mr. Ferengul to purchase one
common share of the Company for a period of five years at an
exercise price that will be equal to today's closing trading price
of the Company's common shares on the TSXV.
About AcuityAds:
AcuityAds is a leading technology company that provides
marketers a powerful and holistic solution for digital advertising
across all ad formats and screens 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 Artificial Intelligence
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 with offices throughout the U.S.,
Europe and Latin America. For more information, visit
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, the Company
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.
