Serabi Gold ( (GB:SRB) ) has shared an announcement.
Serabi Gold plc has announced the award of 543,017 Conditional Share Awards to its employees, including directors, as part of its annual compensation review under the 2020 Restricted Share Plan. These awards are contingent upon a three-year performance period with criteria based on Total Shareholder Return, Return on Capital Employed, and Return on Sales. This move reflects the company’s commitment to aligning employee incentives with performance outcomes, potentially impacting its operational focus and stakeholder interests.
More about Serabi Gold
Serabi Gold plc is a gold exploration, development, and production company focused on the Tapajós region in Para State, northern Brazil. The company consistently produces 30,000 to 40,000 ounces of gold annually from the Palito Complex and aims to double production with the Coringa Gold project. It has also discovered a copper-gold porphyry on its exploration license. Serabi Gold is headquartered in the UK with a secondary office in Toronto, Canada.
YTD Price Performance: 43.98%
Average Trading Volume: 379,519
Technical Sentiment Signal: Sell
Current Market Cap: £117.8M
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