Sunda Energy plc has awarded share options over an aggregate 975 million ordinary shares of 0.025 pence each in the company to certain directors, senior management, employees and a consultant. DIRECTORS The options, with an exercise price is of 0.0725 pence per ordinary share, are granted under an HMRC approved enterprise management incentive plan and […]
Tag: incentive share options
Clontarf grants 160m incentive share options
Clontarf Energy plc has granted a total 160 million long-term incentive share options over 160m ordinary shares of 0.01p each to its directors and PDMR. The options will vest in three months from the issue date, at an exercise price of 0.06p, and will expire on 26 September 2031. Chairman David Horgan received 60m options; non-executive […]
Block issues bonus-incentive share options
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 […]
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”. […]