Predator Oil & Gas Holdings Plc (GB:PRD) has released an update.
Predator Oil & Gas Holdings Plc has announced the issuance of new share options to its Non-executive director and Chairman, Dr. Stephen Boldy, including 3,000,000 options exercisable at 10.5 pence per share. The options come with vesting conditions based on the company’s operational milestones, while simultaneously, previous options granted to a former director have lapsed. This move comes as part of the company’s incentive strategy amidst operations in Morocco and Trinidad aimed at boosting hydrocarbon production.
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