GraceKennedy Limited – Officers Exercise of Stock Options

Posted: January 6, 2017 at 5:45 pm

GraceKennedy Limited (GK) has advised that during the period December 29, 2016 to January 3, 2017, seven (7) officers acquired a total of 326, 393 GK shares pursuant to the exercise of stock options.

GK further reported that the options were exercised under the cashless settlement option method under which participants are allocated stock units representative of the gain that they would have had on the sale of the shares at the strike price and current market values.

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