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Getech Group plc ( (GB:GTC) ) just unveiled an update.
Getech Group plc announced the grant of 9,200,000 share options to its executive team, senior leadership, and staff under its approved share option scheme. This move, which includes significant allocations to key directors, aims to align employee incentives with company performance, as 65% of the options will vest based on achieving specific financial and share price metrics. The cancellation of 5,850,000 previously awarded options results in a total of 9,848,912 share options in issue, representing 6.46% of the company’s total issued share capital.
More about Getech Group plc
Getech Group plc is a leading company specializing in locating subsurface resources crucial for the global energy transition. The company leverages geoscience expertise, AI-driven analytics, and GIS capabilities to provide insights that aid in resource discovery and development, serving clients across various sectors including governments and industries focused on achieving energy and mineral self-sufficiency.
Average Trading Volume: 210,505
Technical Sentiment Signal: Sell
Current Market Cap: £2.67M
See more insights into GTC stock on TipRanks’ Stock Analysis page.