Mustang Energy Plc (GB:CYK) has released an update.
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Cykel AI PLC has announced the granting of options over 33 million ordinary shares, with a striking price set at a 44% premium to the current share price. Significant allocations include 20 million options to CEO Ewan Collinge and 7 million to advisors, highlighting the company’s strategic focus on incentivizing leadership and key partners. These options, set to vest over two years, reflect Cykel’s commitment to aligning managerial interests with shareholder value.
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