Finance News Oil & Gas

EnQuest awards 7m performance shares

EnQuest plc has awarded a total of 7,176,105 shares under the company’s performance share plan.

Interests: licences in the UK North Sea and a PSC offshore Malaysia (Pixabay)

CONDITIONS

Chief executive officer Amjad Bseisu received 4,305,663 shares, of £0.05 each, and chief financial officer Jonathan Copus 2,870,442.

The 1 July 2026 awards will vest on 27 April 2029 as nil cost options, subject to performance conditions.

EnQuest holds licences in the UK North Sea and a production sharing contract offshore Malaysia.