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Pharos Energy ( (GB:PHAR) ) has provided an update.
Pharos Energy plc announced the granting of deferred bonus awards to its Executive Directors under the 2024 Deferred Share Bonus Plan. The CEO, Katherine Roe, and CFO, Sue Rivett, received shares equivalent to portions of their annual bonuses for 2024. This move reflects the company’s practice of linking executive compensation to performance, potentially impacting shareholder value and aligning management incentives with company growth.
More about Pharos Energy
Pharos Energy plc is an independent energy company listed on the London Stock Exchange, focused on sustainable growth and stakeholder returns. The company has interests in production, development, or exploration in Egypt and Vietnam, including a 45% working share in Egypt’s El Fayum and North Beni Suef Concessions, and various stakes in Vietnam’s offshore fields in the Cuu Long and Phu Khanh Basins.
YTD Price Performance: 2.30%
Average Trading Volume: 6,600
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $126.8M
For a thorough assessment of PHAR stock, go to TipRanks’ Stock Analysis page.