Home > > News
EVEN reports Material Fact - Stock Options Plan
- Decrease font
- Increase font
- Send to a friend
Click here to bookmark this page
Customize your Bookmarks:
- Type the name of the page the way you would like it to appear in "My Bookmarks";
- Click in the "Add as My Bookmarks" button.
To choose your favorite sessions, please click here.
São Paulo, March 28, 2011 - Even Construtora e Incorporadora S.A., a publicly held company inscribed in the roll of corporate taxpayers (CNPJ/MF) under number 43.470.988/0001-65 (“Company”), in accordance with Instruction 358 of January 03, 2002 issued by the Securities and Exchange Commission of Brazil (“CVM”), as amended, hereby informs its shareholders and the general market that in a meeting of the Board of Directors of the Company held on March 28, 2011, the former Regulations of the Companys Stock Option Plan were rescinded and new rules were approved for implementing the Companys Stock Option Plan that was ratified by the Extraordinary Shareholders’ Meeting held on February 12, 2007 ("Stock Option Plan") and developed for the companys administrators and employees.
The stock options granted under the new rules will be limited to the overall amount of 4,343,263 common shares issued by the Company, which on this date corresponds to 1.86% of its capital stock, always observing the maximum limit established in the Stock Option Plan.
The vesting periods for acquiring the shares granted based on the new rules will extend from June 30, 2014 to March 31, 2015 for the first lot of 40% of the shares and from June 30, 2015 to March 31, 2016 for the second lot of 60% of the shares. The Companys Board of Directors will continue to be responsible for administrating the Stock Option Plan.
For further information, please click here.