Aker BP ASA (GB:0M5J) has released an update.
Aker BP ASA has announced its Long-Term Incentive Programme (LTIP) for the executive management team, aiming to align their interests with shareholder value creation. The LTIP is a share-based, annually granted scheme that vests over three years with an additional one-year lockup and adjusts the final share awards based on relative shareholder return and dividends. Executive team members have received specific grant allocations for the 2024-2027 cycle, underscoring Aker BP’s commitment to long-term incentives.
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