Zedcor Inc. Announces Restricted Share Unit Grant

Rhea-AI Summary

Zedcor Inc. (TSXV: ZDC) has announced the granting of 2,935,000 Restricted Share Units (RSUs) to its employees, directors, and officers on May 29, 2025. The RSUs are part of the Company's fixed 10% RSU/DSU plan and will vest over a three-year period, with one-third vesting on each anniversary of the grant date. The RSUs have a three-year expiration period from the date of grant.

Positive

• RSU grant aligns employee and shareholder interests through equity-based compensation
• Vesting schedule over three years promotes employee retention

Negative

• Potential dilution of existing shareholders' equity as RSUs vest

Calgary, Alberta--(Newsfile Corp. - May 30, 2025) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announces that on May 29, 2025, 2,935,000 Restricted Share Units (RSUs) were granted to employees, directors and officers of the Company pursuant to the Company's fixed 10% RSU/DSU plan and will expire three years from the date of grant. The RSUs will vest as to one third thereof on each of the first, second and third anniversaries of the date of grant.

About Zedcor Inc.

Zedcor Inc. is disrupting the traditional physical security industry through its proprietary MobileyeZ^TM security towers by providing turnkey and customized mobile surveillance and live monitoring solutions to blue-chip customers across North America. The Company continues to expand its established MobileyeZ^TM platform in Canada and the United States, with emphasis on industry leading service levels, data-supported efficiency outcomes, and continued innovation. Zedcor services the Canadian market through equipment and service centers currently located in British Columbia, Alberta, Manitoba, and Ontario. The Company continues to advance its U.S. expansion which now has the capacity to service markets throughout the Midwest and West Coast with locations throughout Texas and in Denver, Colorado, Phoenix, Arizona and Las Vegas, Nevada.

For further information contact:

Todd Ziniuk Chief Executive Officer P: (403) 930-5430 E: tziniuk@zedcor.com

Amin Ladha Chief Financial Officer P: (403) 930-5430 E: aladha@zedcor.com

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254002

FAQ

How many RSUs did Zedcor (ZDCAF) grant in May 2025?

Zedcor granted 2,935,000 Restricted Share Units (RSUs) on May 29, 2025.

What is the vesting schedule for Zedcor's May 2025 RSU grant?

The RSUs will vest in three equal portions over three years, with one-third vesting on each anniversary of the grant date.

When do Zedcor's May 2025 RSUs expire?

The RSUs will expire three years from the grant date of May 29, 2025.

Who received the RSUs in Zedcor's May 2025 grant?

The RSUs were granted to employees, directors, and officers of Zedcor.