Aegis Grants CEO Stock, Fidelity Ups Stake

  • March 16, 2005
Aegis Group Tuesday said it has granted newly appointed CEO 1.5 million share options at an exercise price of $2.02 each, as well as 1 million "conditional" shares. Aegis stock is currently trading at $2.04 a share. There are 1.119 billion shares outstanding. Separately, the company said mutual fund manager Fidelity Investments increased its stake in the company to 5.68 percent from 4.03 percent. Aegis is the parent of Carat. -- J.M.
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