News Oil & Gas

i3 Energy issues 3m incentive share options to CFO

i3 Energy plc has issued options over 3 million ordinary shares in the company at an exercise price of 20 pence to its chief financial officer.

Jason Dranchuk received the options as part of i3’s management incentive and are in accordance with existing share schemes.

Vesting will be in thirds and subject to the achievement of performance-related milestones.