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Prism Medical Ltd Announces Grant of Incentive Options - Prism Medical Ltd. (PM:TSX-VEN) is now offering options to a senior officer of Prism Medical UK to acquire 25,000 common shares with a term of three years and an option price of $5.30
Prism Medical Ltd Announces Grant of Incentive Options

 

NewswireToday - /newswire/ - Vaughan, Ontario, Canada, 2009/05/08 - Prism Medical Ltd. (PM:TSX-VEN) is now offering options to a senior officer of Prism Medical UK to acquire 25,000 common shares with a term of three years and an option price of $5.30.

   
 
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Prism Medical Ltd. (“Prism”) (PM:TSX-VEN) announced today that it granted options to acquire 25,000 common shares to a senior officer of Prism Medical UK having a term of three years and an option price of $5.30. The options vest in three equal installments on each of the first three anniversary dates of the grant and are otherwise subject to the terms of the company’s stock option plan.

Prism is a provider of durable medical equipment and related services to the mobility disadvantaged in Canada, the U.S. and the United Kingdom. While Prism's history dates back to 1996, Prism's subsidiaries and divisions have been servicing the mobility disadvantaged since the mid 1980's in their homes, long-term care facilities and acute care facilities. Prism (prismmedicalltd.com) includes Waverley Glen Systems, North America's premiere ceiling lift manufacturer with distribution across Canada and the U.S., Patient Lifts of New England with distribution across the northeaster USA, Westholme and Care Free Lifting & Handling, leading distributors of moving and handling products in the UK and Freeway Health Care, a U.K.-based manufacturer of ceiling hoists and shower chairs.

Forward-looking Information
Certain statements in this release may constitute forward-looking statements. Such forward-looking statements involve risks, uncertainties and other factors, which may cause actual results, performance or achievements of Prism to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

 
 
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Written by / Agency / Source: Waverley Glen

 
 

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Prism Medical Ltd Announces Grant of Incentive Options

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Publisher Contact: Eva Salinas - WaverleyGlen.com 
905-850-1454 esalinas[.]prismmedicalltd.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Waverley Glen securities in any jurisdiction including any other companies listed or named in this release.

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