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Mobius increases shares for directors

February
7

Rye-based software company Mobius Management Systems Inc. said today that it increased the number of shares available to be issued for non-employee board members to receive.

The company said the amendment to a 1998 stock option plan calls for the limit to be raised from 500,000 to 750,000 shares. Other actions taken at the company’s annual meeting of shareholders included the election of Mitchell Gross, Mark Cattini and Gary G. Greenfield to serve on the board until 2009.

This entry was posted on Wednesday, February 7th, 2007 at 3:46 pm by Allan Drury.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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