Energean ( (GB:ENOG) ) has issued an update.
Energean plc announced the vesting of shares under its Long-Term Incentive Plan (LTIP) for the period 2022-2024, which includes dividend equivalent shares related to interim dividends announced and paid between 2022 and 2024. The transactions involve key managerial personnel, including the CEO and CFO, who have vested shares and sold some to cover tax liabilities. This move reflects Energean’s commitment to aligning its leadership’s interests with long-term shareholder value, potentially impacting its market position and stakeholder confidence.
More about Energean
Energean plc operates in the energy sector, focusing on the exploration and production of oil and gas. The company is known for its operations in the Eastern Mediterranean region, providing energy resources to various markets.
YTD Price Performance: -14.68%
Average Trading Volume: 347,310
Technical Sentiment Signal: Buy
Current Market Cap: £1.6B
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