Karoon Energy Issues New Employee Incentive Securities

Karoon Energy Ltd (AU:KAR) has released an update.

Karoon Energy Ltd has notified the issuance of 446,554 performance rights expiring on December 31, 2027, as part of an employee incentive scheme. These securities, detailed in the company’s announcement on October 9, 2024, will be issued on October 4, 2024, and are unquoted, meaning they will not be traded on the ASX until restrictions are lifted.

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