Ithaca Energy PLC (GB:ITH) has released an update.
Ithaca Energy PLC has announced the acquisition of ordinary shares by its key management personnel under the company’s Share Incentive Plan (SIP). Chief Financial Officer and Interim CEO Iain Lewis participated in the plan, purchasing shares at a price of £1.18196 and receiving additional matching shares at no cost on August 5, 2024. The transactions, conducted on the London Stock Exchange, signify management’s confidence in the company’s stock and align their interests with those of the shareholders.
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