Block Energy plc has awarded bonuses of 22,607,850 nil cost options, of which 20,945,032 are to directors or persons discharging managerial responsibilities, over ordinary shares of 0.25p each. AWARDS The awards, under the company’s performance-related bonus scheme for senior executives, are made in February for the previous year. The awards can be in cash, shares […]
Tag: incentive share options
Clontarf grants 160m share options
Clontarf Energy plc has granted long-term incentive share options over a total 160 million ordinary shares of 0.01p each in the company. Chairman David Horgan received 60m options; non-executive director Peter O’Toole and financial director-company secretary James Finn, 40m each; and financial controller Dipti Mehta, 20m. The options vest immediately with an exercise price of […]
Capricorn awards 400,000 share options to CFO
Capricorn Energy has awarded 400,000 nil-cost options over its ordinary shares of 735/143 pence each to its chief financial officer Eddie Ok. The grant on 8 April was made under the company’s long term incentive plan approved by shareholders in 2017. All shares were awarded at £1.75 per share, in line with those made on 2 […]
Europa cancels 13m share options and grants 50m
Europa Oil & Gas (Holdings) plc has cancelled 13 million enterprise management incentive share options and granted 50m new options of which a portion will replace those cancelled. REVIEW The company said that the remuneration committee had agreed with a third-party independent review that the remuneration packages for employees and directors was “no longer appropriate”. […]
Star Energy awards 370,000 share options to CEO-CFO
Star Energy Group plc has issued 370,000 nil cost options over ordinary shares under under the company’s executive incentive plan. Chief executive officer Chris Hopkinson and chief finance officer Frances Ward each received 185,000 awards. The awards will vest and become exercisable one year after the date of grant of the options, 14 September 2023, […]
Deltic grants 2m share options
Deltic Energy plc has granted options over a total of 2,025,000 ordinary shares in the company to its directors, senior management and employees. INCENTIVES The options each have an exercise price of 28.25 pence, being the closing mid-market price of an ordinary share on 23 August 2023. The grant of options is a mixture of […]