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Predator Oil & Gas Announces Strategic Share Option Issuance

Story Highlights
  • Predator Oil & Gas is focused on hydrocarbon projects in Morocco and Trinidad.
  • The company issued 45 million share options to directors, linked to key operational milestones.
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Predator Oil & Gas Announces Strategic Share Option Issuance

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Predator Oil & Gas Holdings Plc ( (GB:PRD) ) has shared an announcement.

Predator Oil & Gas Holdings Plc announced the issuance of 45,000,000 unallocated share options to its directors as part of its existing option scheme. The vesting of these options is tied to specific operational milestones, including drilling commencement, acquisitions, testing results, and production achievements, which indicate a strategic approach to align management incentives with company performance goals.

More about Predator Oil & Gas Holdings Plc

Predator Oil & Gas Holdings Plc is a Jersey-based company operating in the oil and gas sector, with a primary focus on near-term hydrocarbon projects in Morocco and Trinidad.

YTD Price Performance: -32.63%

Average Trading Volume: 2,169,417

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £28.79M

For detailed information about PRD stock, go to TipRanks’ Stock Analysis page.

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