An announcement from Gulf Keystone Petroleum ( (GB:GKP) ) is now available.
Gulf Keystone Petroleum Ltd. announced the issuance of awards under its Deferred Bonus Plan (DBP) for executive directors, with 30% of their annual bonus being paid in the form of nil cost options. These options will vest after three years, provided the executives remain employed with the company. The CEO, Jon Harris, received 67,810 awards, and the CFO, Gabriel Papineau-Legris, received 21,801 awards. This move aligns with the company’s strategy to retain top management and ensure long-term commitment.
More about Gulf Keystone Petroleum
Gulf Keystone Petroleum Ltd. is a leading independent operator and producer in the Kurdistan Region of Iraq. The company is listed on the London Stock Exchange and focuses on oil exploration and production.
YTD Price Performance: 33.17%
Average Trading Volume: 773,455
Technical Sentiment Signal: Sell
Current Market Cap: £437.5M
See more data about GKP stock on TipRanks’ Stock Analysis page.