|By Marketwired .||
|July 15, 2014 05:00 AM EDT||
GRAND RAPIDS, MI--(Marketwired - July 15, 2014) - Agility Health, Inc. (TSX VENTURE: AHI), a leading provider of physical rehabilitation and software services that benefit patients, healthcare providers and employers, has established an employee stock purchase plan (ESPP) for all full- and part-time Agility Health employees.
The ESPP allows staff members to invest in company stock through payroll deductions. The Company will also contribute a 15 percent match on Agility shares purchased through the program.
"This plan gives our employees an important new way to participate in our collective success -- to literally take ownership in our organization and share in our growth," said Steve Davidson, Agility Health CEO. "In addition to our 15 percent matching contribution, the program also ensures that 100 percent of payroll deductions go to the purchase of Agility Health shares, and we absorb the purchase commission and account fees."
ESPPs give employees an opportunity to share in the potential growth of the company's stock. Stock is purchased on behalf of participants on a quarterly basis. The payroll deductions are made on an after-tax basis and are held by Agility Health in a non-interest-bearing ESPP account until the quarterly contribution period is complete. The plan began accepting enrollees at the beginning of this year.
"We're offering this plan to all of our staff members, not just management," said Joe Laurent, VP of Human Resources. "Each of our employees plays a part in the success of this company, and the employee stock plan is one way for us to retain our valuable staff members and demonstrate that we are all in this together."
About Agility Health
Agility Health, Inc. (www.agilityhealth.com) operates a multi-state network of outpatient rehabilitation clinics and provides contracted services to hospitals, nursing homes and other institutional clients, providing care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and a variety of other injuries and conditions. In addition, Agility Health operates 74 outpatient or onsite rehabilitation locations in 20 states. Agility Health's contract therapy services business provides rehabilitative services to 42 hospitals and inpatient rehabilitation units, 36 nursing homes, long-term care facilities and other service locations in 9 states.
Lambert, Edwards & Associates