Pensana Grants Long and Short-Term Incentive Share Awards

The latest announcement is out from Pensana Rare Earths PLC ( (GB:PRE) ).

Pensana Rare Earths PLC has announced the grant of long-term and short-term incentive share awards to its directors, senior management, and employees. A total of 13,900,000 long-term incentive shares and 7,650,000 short-term incentive shares were allocated, representing 5.39% and 2.59% of the company’s issued share capital, respectively. These awards are part of the company’s strategy to align the interests of its leadership and workforce with its growth objectives. The vesting of these shares is subject to performance conditions over a three-year period, reflecting Pensana’s commitment to sustainable growth and value creation for its stakeholders.

More about Pensana Rare Earths PLC

Pensana Rare Earths PLC operates in the rare earth industry, focusing on the production and supply of rare earth metals. The company is engaged in developing sustainable and ethical supply chains for these critical materials, which are essential for various high-tech and green energy applications.

Average Trading Volume: 1,172,549

Technical Sentiment Signal: Buy

Current Market Cap: £157.9M

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