Itafos Inc (TSE:IFOS) has released an update.
Itafos Inc. has granted over 1 million restricted share units (RSUs) to its executives and directors as part of its annual compensation program, aiming to incentivize the future success of the company. These RSUs, subject to certain conditions, will vest over a three-year period, with the option for recipients to receive either company shares or cash equivalents. Itafos, a Delaware-based phosphate and specialty fertilizer company, trades on the TSX Venture Exchange under the ticker symbol ‘IFOS’ and is backed by principal shareholder CL Fertilizers Holding LLC.
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