Ithaca Energy CFO Exercises LTIP Options and Sells Shares

An announcement from Ithaca Energy PLC ( (GB:ITH) ) is now available.

Ithaca Energy has disclosed share transactions involving its Chief Financial Officer, Iain Lewis, following the exercise of a nil-cost option award under the company’s Long Term Incentive Plan. Lewis exercised vested options over 63,399 ordinary shares, including dividend-equivalent shares, which had originally been granted in December 2022 and vested in November 2025.

Immediately after exercising the award on 19 March 2026, Lewis sold 31,811 shares to meet income tax and National Insurance obligations, and on 20 March 2026 he sold the remaining 31,588 shares on the London Stock Exchange. The disclosure, made under EU Market Abuse Regulation requirements, provides transparency on senior management equity dealings but does not signal any change to Ithaca Energy’s operational strategy or broader capital structure.

The most recent analyst rating on (GB:ITH) stock is a Buy with a £317.00 price target. To see the full list of analyst forecasts on Ithaca Energy PLC stock, see the GB:ITH Stock Forecast page.

Spark’s Take on ITH Stock

According to Spark, TipRanks’ AI Analyst, ITH is a Neutral.

The score is driven by strong cash flow generation and a clear technical uptrend, partially offset by volatile earnings (including a 2025 net loss) and a negative P/E that signals weaker earnings quality/visibility despite an attractive dividend yield.

To see Spark’s full report on ITH stock, click here.

More about Ithaca Energy PLC

Ithaca Energy plc is a UK-listed oil and gas company focused on exploration, development and production activities in the North Sea. The company operates and invests in upstream energy assets, positioning itself as a significant player in the UK continental shelf hydrocarbon sector.

Average Trading Volume: 2,228,935

Technical Sentiment Signal: Buy

Current Market Cap: £4.42B

See more data about ITH stock on TipRanks’ Stock Analysis page.