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Predator Oil & Gas Issues New Director Options

Predator Oil & Gas Issues New Director Options

Predator Oil & Gas Holdings Plc (GB:PRD) has released an update.

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Predator Oil & Gas Holdings Plc has announced the issuance of 3 million share options to Geoffrey Leid, a director of its subsidiary T-Rex Resources (Trinidad) Limited, with vesting conditions linked to production milestones. Meanwhile, share options previously granted to former directors have lapsed, affecting a total of 4.65 million shares. This move reflects Predator’s focus on advancing its hydrocarbon operations, particularly in the Cory Moruga field in Trinidad, and aligns executive incentives with the company’s performance.

For further insights into GB:PRD stock, check out TipRanks’ Stock Analysis page.

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