News Oil & Gas

Star grants 609,175 nil cost share options

Star Energy Group plc has awarded nil cost options over 609,175 ordinary shares in the company under its 2015 management retention plan.

Aligns: interests of directors and PDMRs with those of shareholders (Pixabay)

BONUSES

Chief executive Ross Glover received nil cost options over 343,424 ordinary shares of nominal value 0.002 pence per share.

Chief financial officer Frances Ward received 265,751.

The awards, for annual bonuses over £15,000, are issued in cash and restricted stock at Star’s discretion.

The company said that the initiative better aligned the interests of directors, persons discharging managerial responsibilities and other key employees with those of shareholders.