TORONTO, Feb. 23, 2021 /CNW/ - EFH Holdings Inc. ("EFH" or
the "Company") (TSXV: EFH) announces that pursuant to its Share
Unit Plan for Eligible Employees , the Company has granted 216,300
Restricted Share Units ("RSUs") to certain officers and employees
of the Company. Each RSU is exercisable into one common share of
the Company upon vesting. The RSUs will vest in three equal
installments on the anniversaries from the date of grant.
Forward-looking Information
This news release contains forward-looking information based on
current expectations. This information includes, but is not limited
to, statements about the operations, business, financial condition,
priorities, targets, ongoing objectives, strategies, litigation
outcomes and outlook of EFH. These statements, which appear in this
press release generally can be identified by the use of
forward-looking words such as "may", "will", "expect", "intend",
"estimate", "anticipate", "believe", "plan", "would", "should",
"could", "trend", "predict", "likely", "potential" or "continue" or
the negative thereof and similar variations.
This information is based upon certain material factors or
assumptions that were applied in drawing a conclusion or making a
projection as reflected in the forward-looking information. By its
nature, this information is subject to inherent risks and
uncertainties that may be general or specific. A variety of
material factors, many of which are beyond EFH's control, affect
the operations, performance and results of its business and could
cause actual results to differ materially from the expectations
expressed in any of this forward-looking information.
About EFH Holdings Inc.
Founded in 1998, EFH Holdings Inc. operates in the property and
casualty insurance industry in Canada, providing personal and commercial
lines insurance exclusively through the broker channel. The Company
distributes insurance products through The Insurance Company of
Prince Edward Island. It trades on
the TSX Venture Exchange under the symbol EFH.
Neither 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.
SOURCE Echelon Financial Holdings Inc.
