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    UPI   CA91380M1005

UNIVERSAL PROPTECH INC.

(UPI)
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Universal PropTech Inc. : Announces Option Grant

03/08/2021 | 09:50am EDT

Universal PropTech Inc. (TSXV: UPI) (FSE: 8LH) ('UPI' or the 'Company') announces today that it has granted an aggregate of 500,000 options to a consultant pursuant to the Company's stock option plan.

The stock options vest immediately at an exercise price of $0.45 for a period of three years from the date of grant. The grant of options is subject to the approval of the TSX Venture Exchange.

About Universal PropTech Inc.

Universal PropTech Inc. (TSXV: UPI) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings. As trusted advisors, we provide holistic evidence-driven solutions and services for building developers, owners, and operators in Canada. UPI operates through its wholly owned subsidiary, VCIControls Inc. ('VCI'), a leading supplier and integrator of PropTech healthy building solutions and services. VCI is an industry leader in the acquisition and deployment of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards. VCI's business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.

Contact:

Tel: (647) 300-2957

Forward-Looking Statements

Certain information provided in this press release constitutes forward-looking statements and information within the meaning of applicable securities laws. Forward-looking information typically contains statements with words such as 'anticipate', 'believe', 'forecast', expect', 'plan', 'intend', 'estimate', 'propose', 'project', or similar words suggesting future outcomes. The Company cautions readers and prospective investors in the Company's securities not to place undue reliance on forwardlooking information as, by its nature, it is based on current expectations regarding future events that involve a number of assumptions, inherent risks and uncertainties, which could cause actual results to differ materially from those anticipated by the Company. The forward-looking information included herein is expressly qualified in its entirety by this cautionary statement. The forward-looking information included herein is made as of the date hereof and the Company assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances, except as required by law.

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
UNIVERSAL PROPTECH INC. 2.94% 0.35 Delayed Quote.13.33%
All news about UNIVERSAL PROPTECH INC.
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06/01Universal PropTech Receives Approximately $550,000 Award for Building Automat..
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Financials
Sales 2020 9,94 M 8,06 M 8,06 M
Net income 2020 -1,18 M -0,95 M -0,95 M
Net Debt 2020 0,54 M 0,43 M 0,43 M
P/E ratio 2020 -1,41x
Yield 2020 -
Capitalization 16,2 M 13,1 M 13,2 M
EV / Sales 2019 0,19x
EV / Sales 2020 0,22x
Nbr of Employees 70
Free-Float 59,3%
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Managers and Directors
NameTitle
Christopher Hazelton President, Chief Executive Officer & Director
Keith Li Chief Financial Officer
Al Quong Director
Daniel Cohen Director
Frank Carnevale Chief Growth Officer
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