Horizonte Minerals plc co-founder and chief executive officer Jeremy Martin will leave after 13 years with the company. His departure, which follows a funding shortfall for the Araguaia nickel project in Brazil, also sees chief financial officer Simon Retter resign. Non-executive interim chairman William Fisher and non-executive director Owen Bavinton also leave having served since […]
Tag: chief executive officer – CEO
Cadence Minerals CEO increases shareholding
Cadence Minerals plc chief executive and director Kiran Morzaria increased his holding in the company by 100,806 ordinary shares each for 0.074 pence. Following the purchase, Mr Morzaria now has 1,573,240 ordinary shares in Cadence. Finance director Donald Strang owns 957,545 ordinary shares; non-executive chairman Andrew Suckling 381,602; and non-executive director Adrian Fairbourn 731,005.
Europa CEO buys 781,767 shares
Europa Oil & Gas (Holdings) plc chief executive officer William Holland has bought 781,767 ordinary shares of £0.01 each in the company at an average price of 1.198 pence per ordinary share. Following the purchase, Mr Holland is beneficially interested in a total 2,090,124 ordinary shares, representing approximately 0.218% of the company’s issued share capital.
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, […]
EnQuest agrees second lien loan of up to $150m
EnQuest plc has agreed a loan of up to $150 million, including $9m from its chief executive officer’s family, as a secured second lien instrument. DOUBLE A Mature in July 2027, the loan ranks junior to the group’s existing $500m reserve based lending facility (RBL) of which the company had drawn $240m as at 31 […]
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 […]