GreenPower Announces Results of Annual General and Special Meeting
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VANCOUVER, BC, May 18, 2021 /PRNewswire/ -- GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("Company"), announces the results of the Annual General and Special Meeting that was held today.
The shareholders elected all of management's director nominees being Mark Achtemichuk, Fraser Atkinson, Malcolm Clay, Cathy McLay, David Richardson and Brendan Riley.
The shareholders also approved the stock option plan and appointed Crowe MacKay LLP as the Company's auditors for the ensuing fiscal year.
Subsequent to the meeting, the Company granted an aggregate of 173,650 incentive stock options to employees of the Company, subject to the approval of the TSX Venture Exchange. These stock options are exercisable for a period of five years at a price of CDN $19.62 per share, vest as to 25% four months after the grant date, 25% one year after the grant date, 25% two years after the grant date and 25% three years after the grant date.