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Diamond Estates Issues Share Units and Options, Urges Early AGM Voting

Story Highlights
  • Diamond Estates issued deferred share units and share options to align management and shareholder interests.
  • The company urges shareholders to vote electronically ahead of the AGM due to postal disruptions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Diamond Estates Issues Share Units and Options, Urges Early AGM Voting

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Diamond Estates Wines & Spirits ( (TSE:DWS) ) has issued an announcement.

Diamond Estates Wines & Spirits Inc. announced the issuance of deferred share units to its directors and share options to its new Chief Financial Officer, Basman Alias. These financial instruments are part of the company’s strategic plan to align management’s success with shareholder interests. Additionally, the company reminded shareholders to vote in advance of the upcoming AGM due to potential postal service disruptions, emphasizing electronic voting to ensure timely receipt of votes.

More about Diamond Estates Wines & Spirits

Diamond Estates Wines and Spirits Inc. is a producer of high-quality wines and ciders and acts as a sales agent for over 120 beverage alcohol brands across Canada. The company operates four production facilities in Ontario and British Columbia, producing predominantly VQA wines under various well-known brand names. Through its commercial division, Trajectory Beverage Partners, Diamond Estates represents many leading international beverage brands.

Average Trading Volume: 85,014

Technical Sentiment Signal: Sell

Current Market Cap: C$12.51M

See more insights into DWS stock on TipRanks’ Stock Analysis page.

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