Eneraqua Technologies PLC (GB:ETP) has released an update.
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Eneraqua Technologies PLC has announced the granting of Long Term Incentive Plan (LTIP) awards to top executives, with a significant 50% reduction compared to previous awards, reflecting the current share price. The awards, which include performance-based vesting conditions linked to total shareholder return, adjusted earnings per share, and environmental commitments, will vest on the third anniversary of the grant. CEO Mitesh Dhanak and interim CFO James Lamb are among the recipients, with a post-vesting holding period applicable to Dhanak.
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