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Bullboard - Stock Discussion Forum Indiva Ltd V.NDVA

Alternate Symbol(s):  NDVAF

Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products, including dried flower, extract, and edible products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of... see more

TSXV:NDVA - Post Discussion

Indiva Ltd > Payday for everyone
View:
Post by Duster340 on Jun 07, 2022 10:44am

Payday for everyone

except shareholders. 

LONDON, ON June 6, 2022 /CNW/ - Indiva Limited (the " Company " or " Indiva ") (TSXV: NDVA) (OTCQX: NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products announces that it has granted 1,680,000 incentive stock options (the " Options ") to certain employees, executive officers and directors.  The Options have an exercise price of $0.21 per share and will be valid until June 3, 2027 .

Indiva Limited Logo (CNW Group/Indiva Limited)

All Options were issued pursuant to the Company's amended and restated equity incentive plan which allows for issuances of up to 10% of issued and outstanding share capital in the form of stock options or restricted share units. As a result of the foregoing grant, the Company has a total of 14,131,052 stock options or restricted share units issued, representing approximately 9.7% of the issued and outstanding share capital.

Comment by QCINDIVALUVIN on Jun 07, 2022 10:50am
I don't mind them getting incentives as they deserve it given the company is performing well (not the sp i know) but if they could invest some of tgeir own money, it would send a vote of confidence to investors and perhaps help move the sp up a bit
Comment by charliebitmyfin on Jun 18, 2022 2:28pm
the roots run deep, whatever that means