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The latest announcement is out from Ithaca Energy PLC ( (GB:ITH) ).
Ithaca Energy PLC announced that senior management, including the Executive Chairman and Chief Financial Officer, have acquired ordinary shares through the company’s Share Incentive Plan (SIP). This plan, approved by HM Revenue and Customs, allows employees to purchase shares using salary deductions. The transactions were executed on the London Stock Exchange, with implications for enhancing employee ownership and aligning management interests with shareholder value.
More about Ithaca Energy PLC
Ithaca Energy PLC operates in the energy sector, focusing on oil and gas exploration and production. The company provides energy solutions and services, primarily targeting the North Sea region.
YTD Price Performance: 19.57%
Average Trading Volume: 1,518,166
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £2.12B
Learn more about ITH stock on TipRanks’ Stock Analysis page.