Sangoma Announces Grant of Stock Options
gwoodard
MARKHAM, ONTARIO / TNW-ACCESSWIRE / June 5, 2014 — Sangoma Technologies Corporation (TSX VENTURE:STC), a leading provider of hardware and software components that enable or enhance IP Communications Systems for both voice and data, today announced the grant of stock options effective June 5, 2014.
The Company today granted 1,650,000 options to directors, officers and employees. The options have an exercise price of $0.35, 16% above yesterday’s closing price, expire in 5 years and vest over a period from 1 year to 5 years. The grant brings the total number of options granted to 5,214,160.