Latest news with #EmployeeSharePurchasePlan
National Post
01-05-2025
- Business
- National Post
Simpson Oil Reminds Parkland Shareholders to Vote the GOLD Proxy Card For Meaningful Boardroom Change
Article content Article content Deadline to Vote is 5:00 P.M. (Calgary Time) on Thursday, May 1, 2025 Article content Visit for Details on How to Vote, Information on Simpson Oil's Director Nominees, and Their Plan to Build Value for All Shareholders Article content GRAND CAYMAN, Cayman Islands — Simpson Oil Limited ('Simpson Oil', 'we' or 'our'), the largest shareholder of Parkland Corporation ('Parkland' or the 'Company'), holding 19.8% of the Company's outstanding common shares, reminds shareholders to vote FOR its nine highly-qualified director nominees using the GOLD universal proxy card ahead of the Company's upcoming Annual General Meeting (the 'Meeting') on May 6, 2025. Article content To ensure their vote is counted, shareholders must submit their proxy by 5:00 p.m. (Mountain Time) on Thursday, May 1, 2025. Article content Simpson Oil's call for boardroom change continues to gain momentum. In addition to the overwhelming support we've received from fellow shareholders, both Glass Lewis and ISS—the two leading independent proxy advisory firms—have recommended shareholders vote for meaningful boardroom change on the GOLD universal proxy card. As part of their recommendations, the proxy advisors highlighted Parkland's longstanding underperformance, financial and strategic missteps, and a troubling pattern of entrenchment and gamesmanship by the board of directors (the 'Board')—further underscoring the need for new, independent oversight. Article content Over the past two years, rather than addressing the ongoing performance issues and serious concerns raised by Simpson Oil, other shareholders, and the market at-large, the Board has instead engaged in gamesmanship and distraction tactics. In the latest example, Chairman Mike Jennings issued a last-ditch plea to shareholders. Had the incumbent Board been doing its job of creating long-term value, such an appeal wouldn't be necessary. They've had their chance. It's time for a new Board—aligned with shareholders and equipped with the independence, experience, and skillsets needed to Refuel Parkland and deliver lasting value. Article content – Monty Baker – Michael Christiansen – Mark Davis – Jackie Doak – Chris Folan – Brian Gibson – Marc Halley – Darcy Morris – Karen Stuckey Article content Only the GOLD universal proxy card allows shareholders to vote for Simpson Oil's entire slate. Do not vote using management's blue card or voting control. If you have already voted using management's blue proxy card, you are encouraged to vote only using the GOLD proxy or voting control number, which will override any previous vote. Article content The deadline to vote is 5:00 P.M. Calgary Time on Thursday, May 1, 2025. Article content If you would like to vote shares that you hold in your Employee Share Purchase Plan (ESPP), if you have not received your Voting Instruction Form (VIF) by mail, or if you need help voting the GOLD proxy, please contact Carson Proxy, at 1-800-530-5189 (North America Toll Free), 416-751-2066 (Local and Text), or by email at info@ Article content If you miss this deadline, we still encourage shareholders to submit the GOLD proxy and Simpson Oil will endeavour to ensure that your vote is counted. Article content For more information on the Simpson Oil nominees, their plan to unlock shareholder value at Parkland, and how to vote, visit Proxy materials are also available under Parkland's SEDAR+ profile at including a GOLD Proxy Card or voting instruction form. Article content Article content Article content Article content Contacts Article content Media Enquiries Longacre Square Partners Amy Freedman / Andy Radia SimpsonOil@ Article content Article content Article content
Business Wire
01-05-2025
- Business
- Business Wire
Simpson Oil Reminds Parkland Shareholders to Vote the GOLD Proxy Card For Meaningful Boardroom Change
GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)--Simpson Oil Limited ('Simpson Oil', 'we' or 'our'), the largest shareholder of Parkland Corporation ('Parkland' or the 'Company'), holding 19.8% of the Company's outstanding common shares, reminds shareholders to vote FOR its nine highly-qualified director nominees using the GOLD universal proxy card ahead of the Company's upcoming Annual General Meeting (the 'Meeting') on May 6, 2025. To ensure their vote is counted, shareholders must submit their proxy by 5:00 p.m. (Mountain Time) on Thursday, May 1, 2025. Simpson Oil's call for boardroom change continues to gain momentum. In addition to the overwhelming support we've received from fellow shareholders, both Glass Lewis and ISS—the two leading independent proxy advisory firms—have recommended shareholders vote for meaningful boardroom change on the GOLD universal proxy card. As part of their recommendations, the proxy advisors highlighted Parkland's longstanding underperformance, financial and strategic missteps, and a troubling pattern of entrenchment and gamesmanship by the board of directors (the 'Board')—further underscoring the need for new, independent oversight. Over the past two years, rather than addressing the ongoing performance issues and serious concerns raised by Simpson Oil, other shareholders, and the market at-large, the Board has instead engaged in gamesmanship and distraction tactics. In the latest example, Chairman Mike Jennings issued a last-ditch plea to shareholders. Had the incumbent Board been doing its job of creating long-term value, such an appeal wouldn't be necessary. They've had their chance. It's time for a new Board—aligned with shareholders and equipped with the independence, experience, and skillsets needed to Refuel Parkland and deliver lasting value. YOUR VOTE IS IMPORTANT, NO MATTER HOW MANY SHARES YOU OWN. PLEASE VOTE THE GOLD PROXY TODAY. Simpson Oil reminds shareholders to use only the GOLD proxy card to vote for ALL NINE of Simpson Oil's highly qualified director nominees: - Monty Baker - Michael Christiansen - Mark Davis - Jackie Doak - Chris Folan - Brian Gibson - Marc Halley - Darcy Morris - Karen Stuckey Only the GOLD universal proxy card allows shareholders to vote for Simpson Oil's entire slate. Do not vote using management's blue card or voting control. If you have already voted using management's blue proxy card, you are encouraged to vote only using the GOLD proxy or voting control number, which will override any previous vote. The deadline to vote is 5:00 P.M. Calgary Time on Thursday, May 1, 2025. If you would like to vote shares that you hold in your Employee Share Purchase Plan (ESPP), if you have not received your Voting Instruction Form (VIF) by mail, or if you need help voting the GOLD proxy, please contact Carson Proxy, at 1-800-530-5189 (North America Toll Free), 416-751-2066 (Local and Text), or by email at info@ If you miss this deadline, we still encourage shareholders to submit the GOLD proxy and Simpson Oil will endeavour to ensure that your vote is counted. For more information on the Simpson Oil nominees, their plan to unlock shareholder value at Parkland, and how to vote, visit Proxy materials are also available under Parkland's SEDAR+ profile at including a GOLD Proxy Card or voting instruction form. Advisors Blake, Cassels & Graydon LLP is serving as legal counsel. Longacre Square Partners is serving as strategic advisor, and Carson Proxy is serving as proxy solicitor.
Yahoo
05-03-2025
- Business
- Yahoo
Implementation of new long-term share-based incentive plan
The Board of Directors of Svitzer Group A/S (the 'Board of Directors'), CVR-no. 44 79 14 47, ('Svitzer Group' or the 'Company') has today decided to implement a new share-based incentive plan for 2025 - the Employee Share Purchase Plan (the "ESPP"), and to announce the annual grant of restricted share units ('RSUs') for 2025 under the Company's current long-term incentive plan (the 'LTI'). Employee Share Purchase Plan 2025 The Global Leadership Team of Svitzer will be invited to participate in the ESPP for 2025. The ESPP is designed to cultivate a genuine ownership culture and incentivise commitment and retention of the participants. Under the ESPP, participants will be invited to acquire a number of shares in the Svitzer Group at market price ('Investment Shares') based on a fixed investment amount. Participants will then be granted a number of matching shares equal to the number of Investment Shares acquired ('Matching Shares'). The Matching Shares will be granted free of charge. It is a requirement for participation in the ESPP, and for the grant of Matching Shares, that the participant is employed with the Company or the group on the date of the grant and that such employment is not under notice of termination. The Matching Shares have a vesting period of three years from 1 April 2025 and will, upon vesting, be converted into an equivalent number of ordinary shares in Svitzer Group. Vesting of the Matching Shares is subject to the participant's continued employment with the Company or the group, and the participant maintaining ownership of their Investment Shares for the duration of the vesting period. Customary good leaver and bad leaver provisions apply to vesting under the ESPP. Based on the expected number of Investment Shares to be acquired by participants, approximately 16,000 Matching Shares will be granted to participants. The aggregate value of the Matching Shares to be granted under the ESPP for 2025 may amount to up to DKK 3 million. Grants of Restricted Share Units for 2025 The annual grant of RSUs for 2025 under the Company's current Long-Term Incentive Plan (LTI), in accordance with the Remuneration Policy, will entitle participants, subject to vesting, to be allocated a number of shares in the Company equivalent to the number of RSUs that have vested and not lapsed. The CEO will be granted 85% of the annual base salary in the form of RSUs, and the CFO will be granted 60% of the annual base salary in the form of RSUs. The grants of RSUs under the LTI for 2025 are expected to take place in April 2025 and will be based on the volume-weighted average share price (VWAP) of the Company's shares traded on Nasdaq Copenhagen during the first 5 trading days following the publication of the Annual Report. RSUs under the current LTI will be granted free of charge. Grants of RSUs do not depend on the achievement of specific goals. It is a requirement for participation in the LTI, and for any grant thereunder, that the participant is employed with the Company or the group on the date of the grant and that such employment is not under notice of termination. RSUs granted under the LTI will have a vesting period of three years, calculated from 1 April 2025. Vesting of RSUs is subject to the participant's continued employment with the Company or the group. Customary good leaver and bad leaver provisions apply to the vesting of the RSUs. The aggregate value of the RSUs to be granted under the LTI for 2025 may amount to up to DKK 12.2 million. About Svitzer Svitzer is a leading, global towage and marine services provider. The core business is to assist large seaborne vessels in manoeuvring in and out of ports and terminals to berth and unberth. With more than 450 vessels, Svitzer's services play a crucial role as part of critical port infrastructure. Svitzer was founded in 1833 and serves approximately 2,000 customers in more than 140 ports and 40 terminals across 37 countries. Read more on For further information, please contact: Michael Nass Nielsen, Head of Investor Relations and FP&AT: +45 24941654E: ir@ Anders Crillesen, Global Head of Communications T: +45 27791286 E: Attachment Svitzer Group - company announcement - ESPP and RSUs 2025
Yahoo
04-03-2025
- Business
- Yahoo
Ensurge Micropower ASA - Employee Share Purchase Plan
Ensurge Micropower ASA (the "Company") has on 4 March 2025 resolved to issue 2,733,844 ordinary shares at an average subscription price of NOK 0.9138 per share to employees and contractors ("Participants") in the Company who participate in the Company's 2024 Employee Share Purchase Plan ("ESPP"). The ESPP was approved by the annual general meeting on 14 May 2024. 21 Participants participated in the ESPP in the offering period, which expired on 28 February 2025. The Participants have elected to invest a part of the base salary or service fee in ordinary shares in the Company. Share purchases take place every six months. Primary insiders Ensurge Micropower ASA discloses transactions by the following primary insiders in Ensurge Micropower ordinary shares: * Lars Eikeland, CEO and CFO, acquired 970,571 ordinary shares at NOK 0.6762 per share under the ESPP. Please see the enclosed forms for further details on the transactions. Ensurge Micropower ASA 2024 ESPP The ESPP is available on the Company's website. Any person who is an eligible participant has been offered to subscribe for shares in the Company in connection with the ESPP. The ESPP is structured around two offering periods, starting on the first day of the calendar month following each planned public disclosure on Oslo Børs of the half-yearly and fourth quarter financial results of the Company, such calendar months being September through February and March through August. During each offering period, a fixed amount (up to 20% of the employee's gross (pre-tax) base salary or, in the case of contractors, up to 20% of the service fee payable to such contractor) is withheld from the employee's net salary or from the contractor's service fee, which fixed amount must be at least a total of NOK 6,000 (or equivalent foreign currency) for each offering period. The Participant may sign up to participate in the ESPP from the date of the public disclosure of the half-yearly or fourth quarter financial results until the day before the commencement of the offering period. Unless the Participant actively withdraws from the ESPP, participation is automatically renewed for the same amount for subsequent offering periods. The board's resolution to issue new shares in connection with the ESPP is made pursuant to the authorization granted by the Company's annual general meeting on 14 May 2024 to increase the Company's share capital in connection with the ESPP. Settlement of the subscription amount is made by set-off against debt to the employees and contractors (offset). In accordance with Regulation (EU) 2017/1129 (the "Prospectus Regulation") Article 1 (5) h, issuance of shares in connection with the ESPP is exempt from the obligation to publish a listing prospectus. Upon registration of the share capital increases associated with the exercise of incentive subscription rights and the issuance of ESPP shares in the Norwegian Register of Business Enterprises, the Company's share capital will be NOK 371,481,660.50 divided into 742,963,321 shares, each having a par value of NOK 0.50. About Ensurge Micropower: Ensurge is Energizing Innovation (TM) with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery for the 1 to 100 milliampere-hour (mAh) class of wearable devices, connected sensors, and beyond. The innovative Ensurge Microbattery enables energy-dense rechargeable products that are ideal for form-factor-constrained applications including hearables (hearing aids and wireless headphones), digital and health wearables, sports and fitness devices, and IoT sensor solutions that use energy harvesting to power everyday things. The Company's state-of-the-art manufacturing facility, located in the heart of Silicon Valley, combines patented process technology and materials innovation with the scale of roll-to-roll production methods to bring the advantages of Ensurge technology to established and expanding markets. Lars Eikeland, Chief Executive Officer E-mail: (mailto: This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading in to access your portfolio
