Sekur Private Data Ltd. Grants Incentive Stock Options and Shares, Issues 4.5 Million Options to Officers and Directors, 4.5 Million Options to Consultants, and 3.061 Million Restricted Shares to Service Providers.

Sekur Private Data Ltd. has granted 4.5 million stock options to officers, directors, and consultants, exercisable for 5 years at CA$0.15, and 3.06 million restricted shares to service providers for services rendered at CA$0.10 per share. The options and share issuances are subject to regulatory approvals and filings with the CSE. Sekur's solutions are hosted in Switzerland, ensuring strict privacy standards and protection from external data access requests.

Sekur Private Data Ltd. (OTCQB: SWISF)(CSE: SKUR)(FRA: GDT0), a leading Swiss-hosted cybersecurity and privacy communications platform, has announced the grant of 4.5 million stock options to officers and directors and 4.5 million stock options to consultants. Additionally, the company intends to issue 3,061,111 restricted shares to arm's length service providers for services rendered. The stock options are exercisable for periods of five years and 12 months, respectively, at prices of CA$0.15 and CA$0.11 per share. The restricted shares will be issued at CA$0.10 per share [1].

These grants and issuances are subject to regulatory approvals and customary filings with the Canadian Securities Exchange (CSE). All securities bear the customary restriction notices as per regulatory requirements for US and non-US holders. The completion of these transactions remains subject to regulatory and board approvals [1].

Sekur's solutions are hosted exclusively in Switzerland, ensuring that user data remains secure from external data access requests. Switzerland's robust Federal Act on Data Protection, in place since 1993, upholds strict privacy standards, prohibiting unauthorized data processing and protecting against the publication of information based on leaked "secret official discussions." This regulatory framework provides a unique level of data privacy protection, reinforcing Sekur's commitment to safeguarding user information [1].

References:
[1] https://www.newswire.com/news/sekur-private-data-ltd-issues-incentive-stock-options-and-shares