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 0.0365p and an expiry date of 8 April 2031.
Following the grant of options, a total 660.5m long-term incentive options are outstanding, representing approximately 10.42% of Clontarf’s issued share capital.