Horizon Oil Limited (AU:HZN) has released an update.
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Horizon Oil Limited has announced a significant change in the holdings of its director, Richard Beament, with the acquisition of over 9 million performance rights approved by shareholders at the recent Annual General Meeting. This move, involving a mix of Deferred STI Rights and Long Term Performance Rights, underscores the company’s strategy to align leadership incentives with long-term performance goals. Investors in Horizon Oil may find this development indicative of potential future growth and confidence in the company’s leadership.
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