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Ithaca Energy grants long-term performance share awards to top executives

Story Highlights
  • Ithaca Energy granted nil-cost performance share awards to its executive chairman, CEO and CFO under its Long Term Incentive Plan.
  • The awards will vest in 2029, contingent on Ithaca’s total shareholder return outperforming energy sector peers over three years, aligning pay with performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ithaca Energy grants long-term performance share awards to top executives

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The latest announcement is out from Ithaca Energy PLC ( (GB:ITH) ).

Ithaca Energy has granted long-term performance share awards to its top executives under the company’s Long Term Incentive Plan, aligning their potential future equity rewards with shareholder returns. Executive chairman Yaniv Friedman, CEO Luciano Vasques and CFO Iain Lewis received nil-cost options over 469,804, 563,764 and 469,804 ordinary shares respectively, which will vest in 2029 subject to the company’s total shareholder return outperforming a peer group in the energy sector over a three-year period.

The awards, executed outside a trading venue on 15 April 2026, are structured to strengthen alignment between management and investors by tying executive compensation to relative market performance. The disclosure, made under UK market abuse rules, underscores Ithaca’s adherence to regulatory requirements and highlights the company’s use of incentive-based pay to retain and motivate senior leadership in a competitive energy industry landscape.

The most recent analyst rating on (GB:ITH) stock is a Sell with a £2.00 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 Outperform.

The score is driven by strong technical momentum and solid cash-flow performance, partially offset by elevated earnings volatility (net loss in 2025) and a less reliable valuation signal due to the negative P/E despite the high dividend yield.

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

More about Ithaca Energy PLC

Ithaca Energy plc is a UK-based energy company operating in the oil and gas sector. The company focuses on exploration and production activities, with its ordinary shares listed under ISIN GB00BPJHV584, and is subject to EU-derived market abuse and disclosure regulations in the UK.

Average Trading Volume: 2,545,958

Technical Sentiment Signal: Buy

Current Market Cap: £4.02B

Find detailed analytics on ITH stock on TipRanks’ Stock Analysis page.

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