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Reitmans Ord Shs V.RET

Alternate Symbol(s): RTMNF | RTMAF | V.RET.A

Consumer Cyclical

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.

TSXV:RET - Post by User

Reitmans Ord Shs > Does anyone know why insiders sold on July 2023?

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Comment by RedeyeGarf2on Dec 20, 2023 7:33pm

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Post# 35794873

RE:Does anyone know why insiders sold on July 2023?

Reitmans (Canada) Limited Announces the Granting of Options to Management

Newswire.ca - Thu Oct 5, 10:20AM CDT

MONTREAL, Oct. 5, 2023 /CNW/ - Reitmans (Canada) Limited ("Reitmans" or the "Company") (TSXV: RET) (TSXV: RET.A) today announces that it has granted an aggregate of 359,869 options to purchase Class A non-voting shares of the Company (the "Options") to members of its management team pursuant to its second amended and restated share option plan dated April 19, 2021.

I believe the exercise price to buy is now $3.00