Serica Energy CEO Awarded Long-Term Incentive Shares

Serica Energy (GB:SQZ) has released an update.

Serica Energy plc has granted its CEO, Christopher Cox, nil-cost options for shares representing about 0.1% of the company’s issued share capital as part of its Long Term Incentive Plan. These options are subject to performance metrics related to share price, shareholder returns, and emissions intensity targets over a three-year period. The full vesting of the awards is contingent on meeting these predetermined criteria by the end of April 2027.

For further insights into GB:SQZ stock, check out TipRanks’ Stock Analysis page.