News Oil & Gas

Block allots total 35m shares for staff and services

Block Energy plc has allotted an aggregate 35,124,708 ordinary shares each of 0.25p as incentives for staff and to pay service providers. Following shareholders’ approval in June 2023, the company has allotted 30 million new ordinary shares to the Intertrust Employee Benefit Trustee Ltd as trustee of the company’s employee benefit trust. Block said the shares […]

News Oil & Gas

Capricorn awards 646,000 share options

Capricorn Energy plc awarded a total 646,202 nil cost options over its ordinary shares each of 490/143 to two directors under the long-term incentive plan approved by shareholders in 2017. PERFORMANCE Chief executive officer Randy Neely received 538,502 options, in accordance with the company’s directors’ remuneration policy approved at the 2023 general meeting. Commercial director Nathan Piper […]