Karoon Energy Issues New Employee Performance Rights

Karoon Energy Ltd (AU:KAR) has released an update.

Karoon Energy Ltd has announced the issue of 99,174 new performance rights under an employee incentive scheme, with an expiry date set for June 23, 2027. These rights are unquoted and subject to transfer restrictions, meaning they won’t be traded on the ASX until those restrictions lift. The performance rights were issued on October 4, 2024, as part of the company’s ongoing efforts to incentivize and retain their employees.

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