Deferred Share Units
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NorthStar Gaming Grants Stock Awards to Non-Executive Directors *(Rationale: This version uses more concise and natural English phrasing common in US/UK financial headlines (“Grants Stock Awards” instead of “Announces Grant of Equity Incentive Awards”). It omits the “in lieu of cash compensation” justification, as equity for non-exec directors is standard practice in Western markets and explicitly stating it sounds unusual or defensive. The structure focuses clearly on the core action.)*
NorthStar Gaming granted 5,078,913 deferred share units (DSUs) to non-executive directors as full 2024 compensation, replacing cash payments. The immediately vested DSUs are redeemable only upon a director’s departure. This equity-based approach supports company cost-reduction initiatives, although it risks future shareholder dilution. The grant awaits final TSX Venture Exchange approval.
