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Enquest ( (GB:ENQ) ) just unveiled an announcement.
EnQuest PLC announced the vesting of Performance Share Plan (PSP) awards for its Chief Executive, Amjad Bseisu, and Chief Financial Officer, Jonathan Copus. The awards, which involve a significant number of ordinary shares, are set to vest in April 2028, contingent on meeting performance conditions. This move underscores EnQuest’s strategy to align executive incentives with long-term company performance, potentially impacting shareholder value and executive retention.
More about Enquest
EnQuest PLC operates in the energy sector, primarily focusing on the production and development of oil and gas assets. The company is known for its expertise in maximizing the value of mature oil fields and has a significant presence in the UK North Sea and Malaysia.
YTD Price Performance: 8.60%
Average Trading Volume: 2,795,342
Technical Sentiment Signal: Sell
Current Market Cap: £241.9M
See more data about ENQ stock on TipRanks’ Stock Analysis page.