Hampton Financial Corporation Distributes Stock Options for Growth
Hampton Financial's Strategic Grant of Stock Options
Hampton Financial Corporation, operating under the ticker TSX-V: HFC, has embarked on a noteworthy move by granting stock options. This decision involves the distribution of stock options allowing an officer to purchase up to 200,000 subordinate voting shares at an exercise price set at $0.45 per share. Such a proactive measure emphasizes the Corporation's commitment to ensuring immediate vesting of options, with a generous 10-year term for exercise.
An Overview of Stock Option Plans
The options granted stem from the Corporation's stock option plan, which is designed to maintain a balance by ensuring that the total number of subordinate shares under stock option grants does not exceed 10% of the total outstanding subordinate voting shares. Following this recent grant, Hampton Financial now has stock options available for exercise on up to 2,100,000 subordinate voting shares. This demonstrates Hampton's forward-thinking approach to employee incentives and engagement, pushing for growth through ownership.
Understanding Hampton Financial Corporation
Hampton is not just an ordinary firm; it is a private equity company driven by the mission to enhance shareholder value through its long-term strategic investment approach. The Corporation's Investment Dealer subsidiary, Hampton Securities Limited (HSL), engages in a spectrum of services including wealth management, family office services, and capital markets operations, making them a full-service investment dealer.
Areas of Operation and Expertise
Regulated by CIRO, formerly known as IIROC, HSL is registered across multiple provinces, including Alberta, British Columbia, and Quebec, further demonstrating its wide-reaching operations within Canada. The firm also provides critical investment banking services, which cover various aspects such as capital raising, advice on mergers and acquisitions, and assistance in business listings on both Canadian and international exchanges.
Capital Solutions through Oxygen Working Capital Corp.
Through its wholly-owned subsidiary, Oxygen Working Capital Corp. (OWC), Hampton has specialized in commercial factoring, offering short-term financing solutions to businesses across Canada. Since its establishment in 2017, OWC has grown its client base significantly, granting entrepreneurs immediate access to funds by factoring their invoices and receivables. This service allows businesses to meet urgent cash flow needs and continues to create opportunities for further expansion across North America.
Diversifying Revenue Streams
Hampton is actively seeking to diversify its revenue sources. The firm is exploring strategic investments and acquisitions, focusing on both complementary businesses and those in non-core sectors. By leveraging the extensive expertise of its Board and the rich experience of its management team, Hampton aims for sustainable growth and increased market presence.
Contact Information for Further Inquiries
For any additional information or inquiries, stakeholders are encouraged to reach out to:
Olga Juravlev
Chief Financial Officer
Hampton Financial Corporation
(416) 862-8701
or
Peter M. Deeb
Executive Chairman & CEO
Hampton Financial Corporation
(416) 862-8651
Frequently Asked Questions
What recent announcement did Hampton Financial Corporation make?
Hampton Financial Corporation announced the grant of stock options for an officer to purchase up to 200,000 subordinate voting shares at $0.45 each.
What is the term for the newly granted stock options?
The newly granted stock options have a 10-year term and vest immediately.
How many stock options does Hampton currently have outstanding?
Hampton currently has stock options outstanding for up to 2,100,000 subordinate voting shares following the recent grant.
What is Oxygen Working Capital Corp.'s role?
Oxygen Working Capital Corp. specializes in commercial factoring and provides businesses with immediate financing solutions through invoice and receivable factoring.
How does Hampton Financial plan to diversify its revenue sources?
Hampton Financial is exploring strategic investments and acquisitions in both complementary and non-core sectors, leveraging its Board's expertise for growth.
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