Clontarf Energy plc has granted long-term incentive options over 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 and company secretary James Finn 40m each, and financial controller Dipti Mehta 20m.
The options vest in three months and have an exercise price of .0385p with an expiry date of 15 June 2031.
Following the options grant, a total 820,500,00 long term incentive options are outstanding, representing 11.41% of Clontarf‘s issued share capital.