 FREDERICKSBURG, Va., May 04, 2021 GLOBE NEWSWIRE -- Virginia Partners Bank the Bank and its parent company, Partners Bancorp NASDAQ: PTRS, announced that, in connection with the hiring of David A. Talebian as President of the Bank and Adam G. Nalls as Executive Vice President and Chief Operating Officer of the Bank on December 7, 2020, the Board of Directors of Partners Bancorp on April 28, 2021 authorized the grant of 29,412 shares of Partners Bancorp common stock to each of Mr. Talebian and Mr. Nalls in accordance with Nasdaq Listing Rule 5635c4 as inducements material to each of them accepting employment with the Bank. 