Brief: Datametrex Reduces Senior Executives Compensation

Quanta AI

18/11/2019 18:54

Nov 18 (Reuters) - Datametrex AI Ltd  DM.V :
    * DATAMETREX REDUCES SENIOR EXECUTIVES COMPENSATION
    * DATAMETREX AI LTD - SENIOR MANAGEMENT AGREED TO REDUCE
COMPENSATION BY APPROXIMATELY 40% EFFECTIVE IMMEDIATELY
    * DATAMETREX - 10% ROLLING STOCK OPTION PLAN WAS RE-APPROVED
AND
CONFIRMED
    * DATAMETREX AI - CO HAS CUT DOWN NUMBER OF STAFF AND OFFICE
SPACE
AS A PART OF ITS COST SAVING STRATEGY
    * DATAMETREX AI - SHAREHOLDERS PASSED RESOLUTION TO CHANGE
NAME OF
CO FROM DATAMETREX AI LIMITED TO NEXALOGY AI LIMITED

Source text:  urn:newsml:reuters.com:*:nGNX669tRV
Further company coverage:  DM.V 

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