Block Energy plc has settled bonuses by issuing 30,428,200 ordinary shares of 0.25p each, and 9,231,083 nil-cost options over ordinary shares, to senior executives and employees.
TVRs
The company’s remuneration committee made the awards, for performance during 2025, to a director, one person discharging managerial responsibilities and staff members.
Chief executive officer Paul Haywood received 25,922,903 shares and now holds 160,062,808 ordinary shares, representing 15.3% of the issued share capital.
Chief operating officer Guram Maisuradze received 5,257,666 share option, leaving his 7,009,636 ordinary shares unaffected.
Following admission, which was on or around 27 February 2026, Block’s issued share capital comprises 1,046,172,039 ordinary shares, with one voting right each.
The company holds no shares in treasury.
Block is focused on oil and gas exploration, development and production in Georgia.