Ithaca Energy CFO Executes Share Option and Sale

Story Highlights
Ithaca Energy CFO Executes Share Option and Sale

Ithaca Energy PLC ( (GB:ITH) ) has provided an update.

Ithaca Energy PLC announced a transaction involving its Chief Financial Officer, Iain Lewis, who exercised a vested nil-cost option award over 114,274 ordinary shares, which he subsequently sold. This transaction, conducted under the company’s Long Term Incentive Plan, reflects internal financial maneuvers and compliance with regulatory disclosure requirements, potentially impacting shareholder perceptions and market dynamics.

More about Ithaca Energy PLC

Ithaca Energy PLC operates in the energy sector, focusing on the exploration and production of oil and gas. The company is known for its involvement in the North Sea oil and gas industry, providing energy solutions and contributing to the regional energy market.

YTD Price Performance: 48.19%

Average Trading Volume: 1,418,986

Technical Sentiment Signal: Sell

Current Market Cap: £2.71B

See more insights into ITH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App