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Avance Gas CEO Exercises Remaining Share Options

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Avance Gas CEO Exercises Remaining Share Options

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An update from Avance Gas Holding ( (AVACF) ) is now available.

Øystein Kalleklev, CEO of Avance Gas AS, exercised his remaining 150,000 share options in Avance Gas Holding Ltd, which were cash settled. This transaction marks the completion of his share options, though he retains ownership of 50,000 shares. Such exercises of stock options by company leaders can signal confidence in the company’s future performance and may impact stakeholder perceptions positively.

More about Avance Gas Holding

Avance Gas Holding Ltd is a company operating in the maritime transportation industry, primarily focusing on the transportation of liquefied petroleum gas (LPG). The company is known for its fleet of very large gas carriers (VLGCs), which are used to transport LPG across international waters.

YTD Price Performance: -3.41%

Average Trading Volume: 33,998

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $584.9M

Learn more about AVACF stock on TipRanks’ Stock Analysis page.

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