QUEBEC CITY, Dec. 31, 2014 /CNW Telbec/ - WANTED Technologies (TSXV: WAN), the leading supplier of big data analytics for the human capital marketplace, announces the issuance of a total of 650,000 stock options. Two members of WANTED'S executive team will be granted a total of 550,000 stock options while the two new members of the Board of directors will be granted 50,000 stock options each for a total of 100,000 stock options.
Each of the 650,000 options entitles its holder to purchase one common share of WANTED at a price of $1.34 per share. While 450,000 of the 650,000 stock options will be expiring in 5 years, the remaining 200,000 options will be expiring in 6 years.
The 450,000 options expiring in 5 years will vest as follows: 20% upon their issuance and an additional 20% on each anniversary of the date of grant. As for the 200,000 expiring in 6 years, 20% will vest on the first anniversary of their issuance and an additional 20% will vest on each anniversary of the date of grant, starting on the second anniversary of the date of grant.
About WANTED Analytics™
WANTED Analytics™ helps recruiting organizations make better decisions faster with real-time business intelligence on jobs, employers, and talent. Analytics brings together, for the first time, years of hiring demand and talent supply data to create a true talent intelligence platform for hard-to-fill positions.
Clients in the staffing, HR, RPO, media, and government sectors use WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions, and source hard-to-fill positions.
About WANTED Technologies Corporation
WANTED Technologies (TSX-V:WAN) provides real-time data analytics for the talent marketplace. Founded in 1999, the company's headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. WANTED began collecting detailed Hiring Demand data in June 2005, and currently maintains a database of more than one billion unique job listings. For more information or to sample WANTED's services, visit www.wantedanalytics.com.
WANTED is also the exclusive data provider for The Conference Board Help Wanted OnLine Data Series®, the monthly economic indicator of Hiring Demand in the United States.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE: WANTED Technologies Corp.
For further information: Meredith Amdur, President and CEO, Tel: (917) 653-0904; Mr. Martin Auclair, VP Finance and CFO, Tel: (418) 523-6663, ext. 337