Block Energy Plc (GB:BLOE) has released an update.
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Block Energy Plc has finalized its 2023 bonus scheme, opting to grant over 22 million nil cost options to directors and key staff based on performance metrics, with a significant portion awarded to CEO Paul Haywood and PDMR Fergus Robson. Additionally, over 8 million long-term incentive plan options were granted to PDMR Robson, with both bonus and long-term options calculated using the volume weighted average price of the company’s shares. The company has also issued new shares to service providers and for an employee benefit trust, with total voting rights in the company now standing at 733,395,937 following the anticipated admission of new shares on the AIM market.
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