GFI Announces Grant of RSUs to Senior Non-Executive Employees

Global Food and Ingredients Ltd. (GFI), based in Toronto, Ontario, has announced the issuance of 1,565,000 restricted share units (RSUs) to select non-executive senior employees as part of its omnibus equity incentive plan. These RSUs are set to vest over a three-year period, starting on the one-year anniversary from the date of grant. Upon vesting, each unit entitles the holder to either one common share of GFI or its cash equivalent, at the discretion of the company. This move aligns with GFI's effort to incentivize its employees through equity participation, reflecting confidence in the long-term value and growth of the company.